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DESCRIPTION: "Inglewood Terrace" is a 1.7 acre property ready for development as a 9 townhome community conveniently located to "The Shops at Stonefield". The Seller is just about ready to submit the final site plan for SDP #160007 to the County for its approval. There is a Duplex on site which generates rental income of $1,200/month (up) and $500/month (dn) -- way below market rents. Tenants are on a month-to-month lease so they will leave when the new Owner is ready to commence development. Unique opportunities like this are almost impossible to find -- don't miss out!
AGENT COMMENTS: This Charlottesville property has 1.70 acres and has been on the market for 20 days. Conveniently located in Woodbrook Elementary and Jouett Middle School Districts.
PROPERTY TYPE: Development VIEWS: LAND:
• UVA/Hospital: 2.23 miles • Downtown: 2.69 miles • NGIC and DIA: 7.95 miles
VIRGINIA IS A CAVEAT EMPTOR STATE, BUYERS SHOULD BE REPRESENTED BY A QUALIFIED BUYERS AGENT. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of REALTORS®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
• School Rating (out of 10) provided by Greatschools.org • Courtesy: Loring Woodriff Real Estate Associates • Page Updated: June 24th, 2019