PROPERTY SEARCH
112 Montpelier St, Charlottesville VA 22903
- $495,000
- MLS #:672182
- 0.40acres
Property Type: land
Subcategory: MultiFamily
HOA: No
Area: Charlottesville
This is Land.............no dwelling on site. Sketched picture is an idea of what could be built..... An incredible opportunity to invest in land next to the University of Virginia. RX-3 Zoning District: "A walkable neighborhood environment intended to accommodate a variety of housing options including duplexes, triplexes, fourplexes and townhouses up to larger apartment complexes in Higher-Intensity Residential areas designated in the Comprehensive Plan, supporting and within walking distance of neighborhood-serving retail, food and service uses" (reads the code). -Unlimited Density as long as the building fits within approved guidelines. -Structure up to 44 feet tall (3 plus stories) -Potential 5 stories with Affordability Bonus -Potential off-street parking to the side and rear -Road frontage is 75 feet Located just minutes from the Stadium, UVA Corner, UVA Hospital and Fontaine Research park.
Water: Public
Kickout: No
Annual Taxes: $2,750
Tax Year: 2026
Legal: Lot 19 & PT 20 BK 3 Maury ADD
Directions: Call agent