500 HANOVER STCHARLOTTESVILLE, VA 22903

  • $450,000
  • $291 / SqFt
  • Days on Market 17
  • MLS# 656098
4 Beds
2 Baths
1546 SQFT
0.18 Acres
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School Information

  • Elementary: Johnson (Charlottesville)
  • Middle School: Walker & Buford
  • High School: Charlottesville

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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Copyright Charlottesville Area Association of Realtors®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on 2024-09-07 14:02:33.

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