Investors, take note! This prime, 0.16-acre lot in the highly sought-after Fifeville neighborhood of Charlottesville offers an exceptional redevelopment opportunity. Zoned R-B, this property can be subdivided and allows for the development of up to 8 total units. Currently, a 3-bedroom, 2bath home sits on the lot, which is currently rented. This presents various possibilities for maximizing its full potential. Enjoy the convenience of being within walking distance to UVA, The Corner, and the Downtown Mall. The train station is also nearby, and it's just a quick drive to 5th Street Station shopping, offering a variety of dining and retail options. This is a rare chance to capitalize on a prime location in one of Charlottesville's most vibrant areas.
REQUEST A SHOWINGCopyright ©2024 Charlottesville Area Association of Realtors®. All rights reserved. The information provided here is considered reliable but not guaranteed. Real estate data on this website is partially sourced from the IDX Program of the Charlottesville Area Association of Realtors®. While the listing broker strives to ensure accuracy, buyers should verify all details independently. Any use of the site’s search functions or data, except by individuals interested in purchasing real estate, is prohibited. The listing firm for this property is BETTER HOMES & GARDENS R.E.-PATHWAYS 434-326-1881.