128 Summit Street
Description
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!
- Listed by Andy Austin • Brokerage DRE #226036307 • Double A Auction & RealtyP: (434)-294-6093 C: (434)-294-6093 andy@doublea.auction
Property Details for 128 Summit Street
Property Details for 128 Summit Street
| Status | Active |
|---|---|
| MLS # | 2500161 |
| Days on Market | 34 |
| Taxes | $1 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1946 |
| Lot Size | 0.60 AC / 26,048 SF |
| County | Charlottesville Independent City |
Building Information for 128 Summit Street
Property Information for 128 Summit Street
- City: Charlottesville
- City Region: Charlottesville
- County Or Parish: Charlottesville
- Latitude: 38.024094
- Longitude: -78.519934
- Postal City: Charlottesville
- Postal Code: 22903
- Postal Code Plus4: 2935
- State Or Province: VA
- Unparsed Address: 128 Summit St
- Zoning Description: R-2U
- Parcel Number: 17A-002-000
- Tax Annual Amount: $1.00
- Tax Assessed Value: $379,700.00
- Tax Legal Description: LOT 58 MAURY HILLS
- Tax Year: 2024
- Elementary School: Venable
- High School: Charlottesville
- Middle Or Junior School: Burley
- Garage: No
- Building Area Source: Assessor
- Living Area: 675.00
- Living Area Source: Assessor
- Lot Size Acres: 0.598
- Lot Size Area: 0.598
- Lot Size Units: Acres
- Stories: 1
- Stories Total: 1
- Property Sub Type Additional: Single Family Residence
- New Construction: No
- Property Attached: No
- Property Condition: Resale
- Type of Property: Single Family
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Year Built: 1946
- Year Built Details: Actual
- CLIP: 2,905,551,589
- Development Name: Charlottesville
- Sewer: Septic Tank
- Water Source: Public
- Pool Features: None
- Roof: Shingle
- Basement: No
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Total Integer: 1
- Bedrooms Total: 2
- BathsTotal: 1.0
- Room and Floor: Full Bath-First
- Room List: Full Bath
- Cooling: Electric
- Cooling: Yes
- Heating: Electric
- Heating: Yes
- Levels: One
- Rooms Total: 4
- Room Type 1: Full Bath
- Room Description 1: Tub & Shower
- Room Level 1: First
- Price Per Area Unit: Dollars Per Square Foot
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 128 Summit Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 128 Summit Street
Schools near 128 Summit Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 5 to 6 |
Rating | School | Distance |
|---|---|---|
Venable Elementary School PublicPK to 4 | ||
Buford Middle School Public7 to 8 | ||
Charlottesville High School Public9 to 12 | ||
Walker Upper Elementary School Public5 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Double A Auction & Realty, Andy Austin
Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
