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$875,000

Beds
3
Baths
2.0
sq ft
2,544

1704 Old Brook Rd, Charlottesville, VA 22901

1704 Old Brook Rd

CHARLOTTESVILLE, VA 22901

  • 24 days on market
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

Details

Property type

Single Family Residence

Lot size

7.96 acres

Price per sq ft

$344

Year built

1967

Annual property taxes

$3,716

HOA

No

Price History

10/22/2024
Bright

Bright #658093

Listed
$875,000
-2.23%
09/03/2024
Bright

Bright #646888

Removed
$895,000
07/19/2024
Bright

Bright #646888

Price change
$895,000
-10.05%

Schools & Community

Elementary school: 

WOODBROOK

Middle school: 

Unknown

High school: 

ALBEMARLE

School district: 

ALBEMARLE COUNTY PUBLIC SCHOOLS

Status: Active

Tomo last checked: 11/15/2024 at 7:05 AM

Listing updated: 10/22/2024 at 11:54 AM

Listed by: TIM CARSON, REAL ESTATE III, INC. Phone #: (434) 817-9300

MLS: Bright #658093

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