This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1. The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.
- Price:
- $2,200,000
- Acreage:
- 6.58
- Listing ID #:
- 1935787
- Street Address:
- 700 W 44th St
- City:
- Richmond
- State:
- Virginia
- Postal Code:
- 23225
- County:
- Richmond City
- Community:
- 60 - Richmond
- Subdivision:
- Forest Hill Terrace
- Listing Status:
- Pending
- Listing Type:
- Land
K-5
470 students
14 student/teacher
9-12
1004 students
28 student/teacher
- Zoning Description:
- R-48
- Days On Market:
- 963
- Originating Mls:
- Cvr
- Title Type:
- Corporation
- Ownership:
- Corporate
- Property Taxes:
- $624
- Tax Year:
- 2019
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By One South Realty Group
