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$ 495,000
Est. payment /mo
Price Dropped by $55K
112 MONTPELIER ST Charlottesville, VA 22903
0.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 672182
HOA Y/N No
Annual Tax Amount $2,750
Tax Year 2026
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type Multi Family
Property Description
This is Land.............no dwelling on site. Sketched picture is an idea of what could be built..... An incredible opportunity to invest in land next to the University of Virginia. RX-3 Zoning District: "A walkable neighborhood environment intended to accommodate a variety of housing options including duplexes, triplexes, fourplexes and townhouses up to larger apartment complexes in Higher-Intensity Residential areas designated in the Comprehensive Plan, supporting and within walking distance of neighborhood-serving retail, food and service uses" (reads the code). -Unlimited Density as long as the building fits within approved guidelines. -Structure up to 44 feet tall (3 plus stories) -Potential 5 stories with Affordability Bonus -Potential off-street parking to the side and rear -Road frontage is 75 feet Located just minutes from the Stadium, UVA Corner, UVA Hospital and Fontaine Research park.
Location
State VA
County Charlottesville
Zoning R-2U University Residential
Direction Call agent
Rooms
Other Rooms Other
Interior
Fireplace No
Exterior
Fence None
Utilities Available Cable Available, Fiber Optic Available
Water Access Desc Public
Road Frontage Public Road
Building
Lot Description Level, Partially Cleared, Dead End
Sewer Public Sewer
Water Public
Additional Building Other
Schools
Elementary Schools Tall Oaks
Middle Schools Charlottesville Middle
High Schools Charlottesville
Listed by NEST REALTY GROUP
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