1704 OLD BROOK RD Active

Charlottesville,VA 22901

$ 875000

3 Beds

2 Baths

3298 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,298 sqft

Price per Sqft $265

MLS Listing ID 658093

Style Ranch

Bedrooms 3

Full Baths 2

Year Built 1967

Annual Tax Amount $3,716

Tax Year 2024

Lot Size 7.960 Acres

Acres 7.96

Property Description

Welcome to 1700-1704 Old Brook Road, a unique investment opportunity nestled in the heart of Albemarle County's Urban Area. This expansive property boasts two distinct residences - a stately brick home in need of complete renovation and a separate cottage, which could be renovated, used for an accessory building or rental, but also needs a complete renovation. These two homes are situated on an impressive 7.9-acre lot. Listed at $875,000, this property presents endless potential for the discerning Investor. This property is great for the contractor client or investor to rehab and rent these two homes. The main residence offers three bedrooms and two bathrooms spread across a generous 2544 square feet of living space. The secondary cottage has 754 square feet and mirrors the need for renovation and TLC of the main house. The cottage offers additional accommodation or rental income possibilities. With the shortage of an inventory of homes in our area, this investment provides an exciting canvas for those seeking to customize their new investment or create an attractive rental proposition. This vast property is zoned R-2 which allows less lot space and road frontage than a normal rural lot and uniquely provides an optional benefits

Location

State VA

County Albemarle

Area Albemarle

Zoning R-2 Residential

Rooms

Basement Finished

Interior

Heating Baseboard,Hot Water

Cooling None

Building

Story 1 Story

Foundation Concrete Block,Concrete Slab

Sewer Installed Conventional

Water Public Water

Level or Stories 1 Story

Structure Type Brick

New Construction No

Schools

Elementary Schools Woodbrook

Middle Schools Journey

High Schools Albemarle

Others

Senior Community No

SqFt Source Public Records

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