Description
We are thrilled to present to you a rare and remarkable investment opportunity: a family-owned property spanning 109 years, consisting of 20 acres spread across 6 parcels. This property offers a diverse mix of open and wooded areas and boasts over 2000 feet of road frontage, making it an ideal investment for various purposes. For over a century, this property has been lovingly owned by a single family, and it is now ready for a new chapter in its rich history. The 20 acres are divided into 6 parcels, offering both versatility and potential for various uses. Currently, there are four houses on the property. Two are occupied, providing immediate rental income, while the other two are ready for new tenants or further development. This property offers excellent accessibility and visibility. The combination of open and wooded areas presents numerous possibilities for the property's utilization. Whether you envision residential development, commercial ventures, or recreational purposes, this property can accommodate a wide range of projects. With the property divided into six parcels, it is easily sub-dividable, allowing you to tailor your investment strategy to your specific needs. This property is conveniently located near essential a
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3BEDS
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0.83ACRES
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2BATHS
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01/2 BATHS
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2,028SQFT
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$986$/SQFT
School Ratings & Info
Description
We are thrilled to present to you a rare and remarkable investment opportunity: a family-owned property spanning 109 years, consisting of 20 acres spread across 6 parcels. This property offers a diverse mix of open and wooded areas and boasts over 2000 feet of road frontage, making it an ideal investment for various purposes. For over a century, this property has been lovingly owned by a single family, and it is now ready for a new chapter in its rich history. The 20 acres are divided into 6 parcels, offering both versatility and potential for various uses. Currently, there are four houses on the property. Two are occupied, providing immediate rental income, while the other two are ready for new tenants or further development. This property offers excellent accessibility and visibility. The combination of open and wooded areas presents numerous possibilities for the property's utilization. Whether you envision residential development, commercial ventures, or recreational purposes, this property can accommodate a wide range of projects. With the property divided into six parcels, it is easily sub-dividable, allowing you to tailor your investment strategy to your specific needs. This property is conveniently located near essential a
Listing information © 2023 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 Real Estate III. Data last updated 2023-12-08T00:13:39.097.