500 Hanover St, Charlottesville, VA 22903
- $410,000
- 4
- BD
- 2
- BA
- 1,546
- SqFt
- Sold Price
- $410,000
- List Price
- $415,000
- Status
- CLOSED
- MLS#
- 656098
- Closing Date
- Oct 23, 2024
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,546
- Lot Size
- 7,840
- Year Built
- 1946
- Subdivision
- Fifeville
- Region
- Charlottesville
Property Description
This 0.18-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. Currently featuring a house, the property is zoned R-B, allowing for a baseline of 6 units, which can increase to 8 units if the existing home is retained. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.14-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.
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Additional Information
- Stories
- 2
- Heating
- Hot Water, None
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Johnson (Charlottesville)
- Middle School
- Walker & Buford
- High School
- Charlottesville
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Listing courtesy of FOUR CORNERS REAL ESTATE SOLUTIONS, LLC. Selling Office: KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE.