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$ 875,000
Est. payment /mo
Active
1704 OLD BROOK RD Charlottesville, VA 22901
3 Beds
2 Baths
3,298 SqFt
UPDATED:
10/22/2024 08:48 PM
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
Listed by REAL ESTATE III, INC.