Bought with Unrepresented Buyer • Unrepresented Buyer Office
$297,000
$225,000
32.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
675 SqFt
SOLD DATE : 05/30/2025
Key Details
Sold Price $297,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 675 sqft
Price per Sqft $440
Subdivision Unknown
MLS Listing ID VACO2000152
Sold Date 05/30/25
Style Bungalow,Cottage
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 675
Year Built 1946
Annual Tax Amount $1
Tax Year 2024
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Detached
Source BRIGHT
Property Description
This property to be sold via simulcast auction by Double A Auction & Realty VAAL #1011 on April 24, 2025 at 11AM. Listing price is opening bid. No pre-auction offers. Terms are 10% buyer's premium; $5,000 NON REFUNDABLE due on day of sale from high bidder, and balance due in 45 days. Financing ok but NO CONTINGENCIES. Sale subject to seller confirmation. Potential bidders can schedule appointment for viewing or inspections prior to sale day. Buyers to register at auctioneer's website. Property to be sold as is.
Unlock the potential of this prime Charlottesville property! The offering is for two tax parcels at 128-130 Summit Street presenting an exceptional redevelopment opportunity in a sought-after location, ideal for multifamily development or other creative uses.
Property Highlights:
Strategic Location: Situated in a desirable Charlottesville neighborhood, this property offers convenient access to the University of Virginia, downtown amenities, and major transportation routes.
Development Potential: Zoned for potential multifamily use, this property offers a blank canvas for investors and developers to create a lucrative residential project.
Spacious Lot: The generous lot size provides ample space for a variety of development concepts, including townhomes, apartments, or a mixed-use project.
Value-Add Opportunity: Bring your vision and expertise to transform this property into a thriving asset in the Charlottesville real estate market.
Ideal for:
Developers seeking a prime location for a multifamily project
Investors looking for a value-add opportunity in a growing market
Builders eager to create high-quality housing in a desirable area
Don't miss this chance to capitalize on a prime redevelopment opportunity in Charlottesville!
Location
State VA
County Charlottesville City
Zoning R-B
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Utilities Available Water Available
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Story 1
Foundation Crawl Space
Sewer Septic Exists
Water Public
Architectural Style Bungalow, Cottage
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District Charlottesville City Public Schools
Others
Senior Community No
Tax ID 17A002000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Auction, Standard
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