$ 740,000

Price improvement on this incredible potential investment based on rezoning. Located in the heart of Belmont, this property is zoned R-B, which allows for 6 multi-family units for apartments or condos. The current residence is traditional style craftsman design with original features preserving the history. There is a large detached garage with electricity, running water, heat/AC and could be turned into a studio apartment for additional income. Options to build on the lot to sell or for rental income. There is an above-ground pool with new liner, gazebo, bar, outside fireplace and large storage shed. Close to the downtown mall, schools, UVA campus, hospital, PVCC and Quick access to I64.