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!
Property Type
ResidentialSubdivision
UnknownCounty
CHARLOTTESVILLE CITYStyle
Bungalow,CottageAD ID
48329501
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 2
- Master Bedroom Level: 2
Bathroom Information
- Total Baths: 1
- Full Baths: 1
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Shingle
Roofing Information
- Shingle
Heating & Cooling
- Cooling: None
- Heating: Baseboard - Electric
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1946
- Structure: Detached
- New Construction: No
- Built: 1946
- Construction Material: Block
- Roof: Shingle
- Foundation/Basement: Crawl Space
- Architecture: Bungalow,Cottage
- Pool/Private: No Pool
- Roof Type: Shingle
Exterior Features
- Utilities: Water Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Septic Exists
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 26,136
- Lot Size (Acres): 0.60
- Architectural Style: Bungalow,Cottage
- Stories Total: 1
- Main Square Feet: 26,136
Property Information
- SQ ft: 675
- SQ ft (Living Area): 675
- Total Lot SQ ft: 26,136
- Subdivision: UNKNOWN
- Financing: Cash,Conventional
- Total Acreage: 0.60
- New Construction: No
- Type: Bungalow,Cottage
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 110
-
Taxes / Assessments
Tax Information
- Annual Tax: $1
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $379,700
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Driveway
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
- Roof: Shingle
Homeowners Association Information
- Direction: Summit Street south to end, look for sign
-
School, Utilities & Location Details
School Information
- School District: CHARLOTTESVILLE CITY PUBLIC SCHOOLS
Utility Information
- Water Available
- Water Source: Public
- Sewer: Septic Exists
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Summit Street south to end, look for sign
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BuyOwner last updated this listing 06/05/2025 @ 03:37
- MLS: VACO2000152
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 2 bedrooms which is recently sold, it has 0 sqft, 26,136 sized lot, and 0 parking. are nearby neighborhoods.