Charlottesville, VA 22903,128 Summit ST
Charlottesville, VA 22903,128 Summit ST
Charlottesville, VA 22903,128 Summit ST
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$300,000
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2 BD
1 BA
675 SqFt
Open Mon 11AM-12PM

128 Summit ST Charlottesville, VA 22903

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OPEN HOUSE

Mon Jan 20, 11:00am - 12:00pm

UPDATED:

01/15/2025 02:26 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 675 sqft

Price per Sqft $444

MLS Listing ID 2500161

Style Bungalow,Cottage

Bedrooms 2

Full Baths 1

Construction Status Actual

HOA Y/N No

Year Built 1946

Annual Tax Amount $1

Tax Year 2024

Lot Size 0.598 Acres

Acres 0.598

Property Description

This property to be sold via simulcast auction by Double A Auction & Realty VAAL #1011 on January 23, 2023 at 11AM. Listing price is opening bid. No pre-auction offers. Terms are 10% buyer's premium; $10,000 due on day of sale from high bidder, and balance due in 45 days. Sale subject to seller confirmation. Potential bidders can schedule appointment for viewing or inspections prior to sale day. Buyer's to register at auctioneer's website.

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!

Location

State VA

County Charlottesville

Area 232 - Charlottesville

Interior

Heating Electric

Cooling Electric

Exterior

Pool None

Roof Type Shingle

Garage No

Building

Story 1

Sewer Septic Tank

Water Public

Architectural Style Bungalow, Cottage

Level or Stories One

Structure Type Block

New Construction No

Construction Status Actual

Schools

Elementary Schools Venable

Middle Schools Burley

High Schools Charlottesville

Others

Tax ID 17A-002-000; 17A-001-000

Ownership Individuals


Central Virginia Regional MLS (CVR MLS)
Listed by Double A Auction & Realty

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agent

Jenni Comer

Broker Associate | License ID: 0225098806

+1(804) 247-2568

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128 Summit ST