Description
Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6 multi-family units for apartments or condos. The current residence is traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.
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2BEDS
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0.42ACRES
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1BATHS
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01/2 BATHS
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1,020SQFT
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$725$/SQFT
School Information
Description
Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6 multi-family units for apartments or condos. The current residence is traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.
Listing information © 2025 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Kline & Co Real Estate. Data last updated 2025-07-07T15:12:39.97.