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500 Hanover St, Charlottesville VA 22903
- $450,000
- MLS #:656098
- 4beds
- 2baths
- 0half-baths
- 1,546sq ft
- 0.18acres
Neighborhood: Fifeville
Square Ft Finished: 1,546
Square Ft Unfinished: 364
Elementary School: Johnson (Charlottesville)
Middle School: Walker & Buford
High School: Charlottesville
Property Type: residential
Subcategory: Detached
HOA: No
Area: Charlottesville
Year Built: 1946
Price per Sq. Ft: $291.07
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.
1st Floor Master Bedroom: Yes
HOA fee: $0
Stories: 2 Story
Garage Num Cars: 0.0
Cooling: Window Unit(s)
Air Conditioning: Window Unit(s)
Heating: Hot Water, None
Water: Public Water
Sewer: Public Sewer
Basement: Yes
Kickout: No
Annual Taxes: $3,227
Tax Year: 2023
Legal: LOT X FIFE'S ADDITION
Directions: I-64 E Charlottesville, take the exit onto 5th St. Southwest, turn left onto 5th St. Southwest toward Charlottesville, turn left onto Cherry Avenue, turn right onto Hanover Street, and the destination is on your right at 500 Hanover St.
Days on Market: 25
Updated: 9/01/24
Courtesy of: Four Corners Real Estate Solutions, Llc
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Directions:
I-64 E Charlottesville, take the exit onto 5th St. Southwest, turn left onto 5th St. Southwest toward Charlottesville, turn left onto Cherry Avenue, turn right onto Hanover Street, and the destination is on your right at 500 Hanover St.
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Listing Office: Four Corners Real Estate Solutions, Llc
