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128 Summit St
Off-Market Call for Pricing
Call for Pricing
- 2 Bedrooms
- 1 Bathrooms
- 675 Sq Ft
- 26,136 Sq Ft
Description
This property to be sold via simulcast auction by Double A Auction & Realty VAAL #1011 on April 24, 2025 at 11AM. Listing price is opening bid. No pre-auction offers. Terms are 10% buyer's premium; $5,000 NON REFUNDABLE due on day of sale from high bidder, and balance due in 45 days. Financing ok but NO CONTINGENCIES. Sale subject to seller confirmation. Potential bidders can schedule appointment for viewing or inspections prior to sale day. Buyers to register at auctioneer's website. Property to be sold as is.
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!
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $225,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 675 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1946 |
| Last Sold | May 29, 2025 |
| Sold Price | 297,000 |
| APN # | 17A002000 |
| MLS # | VACO2000152 |
| Property ID | 321174819 |
| Lot Sqft | 26,136 |
| Zoning | R-B |
| Date Updated | June 02, 2025 |
| Date Created | January 12, 2025 |
Listing Provided By
William A. Austin an agent of . Lic #0225265002
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Information Deemed Reliable But Not Guaranteed
Data last updated: December 17, 2025.
Contact Agent
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Showing Agent
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Robert Crawford
REAL ESTATE AGENT