502 Hanover St, Charlottesville, VA 22903

$215,000

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Sold Price
$215,000
List Price
$220,000
Status
CLOSED
MLS#
656099
Closing Date
Oct 23, 2024
Lot Size
6,098
Subdivision
Fifeville
Region
Charlottesville

Property Description

This 0.14-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. It’s a great lot for a single residential home, and it is fully vacant and ready for development. The property is also zoned R-B, allowing for a baseline of 6 units. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.18-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.

Additional Information

Water
Public
Sewer
None
Elementary School
Johnson (Charlottesville)
Middle School
Walker & Buford
High School
Charlottesville

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of FOUR CORNERS REAL ESTATE SOLUTIONS, LLC. Selling Office: KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE.