500 HANOVER ST Pending

Charlottesville,VA 22903

$ 415000

4 Beds

2 Baths

1546 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,546 sqft

Price per Sqft $268

Subdivision Fifeville

MLS Listing ID 656098

Bedrooms 4

Full Baths 2

Year Built 1946

Annual Tax Amount $3,227

Tax Year 2023

Lot Size 7,840 Sqft

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.

Location

State VA

County Charlottesville

Area Charlottesville

Zoning RB Residential-Business District

Interior

Heating Hot Water,None

Cooling Window Unit(s)

Building

Story 2 Story

Foundation Concrete Slab

Sewer Public Sewer

Water Public Water

New Construction No

Schools

Elementary Schools Johnson (Charlottesville)

Middle Schools Walker & Buford

High Schools Charlottesville

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