128 Piedmont Ave N, Charlottesville, VA 22903

RX-3 Zoning! Fantastic investment opportunity one block from UVA! Brick cape cod adjacent to Stadium Road. Ideally located one block from the University of Virginia, within walking distance to the UVA Aquatic & Fitness Center, Scott Stadium. Slaughter Recreation Center, and numerous residential and academic buildings. Also within walking distance are a coffee shop, donut shop, and several restaurants. Steady rental for 30+ years. Hardwood floors and original trim throughout. This property is adjacent to 2321 Price Avenue, also listed for sale. The two lots together total .45 acres with frontage on two streets. RX-3 Zoning is a residential, mixed-use zoning category intended to create walkable neighborhoods with a variety of housing options including duplexes, triplexes, quadplexes, townhomes, and apartment buildings. Buildings in RX-3 can be up to 44 feet tall, or three stories. With bonus criteria met, the height can be up to 72 feet. A maximum of 80% lot coverage is allowed, and buildings can be up to 175 feet wide. There is no defined limit on the number of dwellings that can be built on a lot.