Residential

1704 Old Brook Rd, Charlottesville VA 22901

  • $875,000
  • MLS #:658093
  • 3beds
  • 2baths
  • 0half-baths
  • 3,298sq ft
  • 7.96acres
Neighborhood: None
Square Ft Finished: 3,298
Square Ft Unfinished: 744
Elementary School: Woodbrook
Middle School: Journey
High School: Albemarle
Property Type: residential
Subcategory: Detached
HOA: No
Area: Albemarle
Year Built: 1967
Price per Sq. Ft: $265.31
1st Floor Master Bedroom: Yes
HOA fee: $0
Stories: 1 Story
Design: Ranch
Garage Num Cars: 0.0
Cooling: None
Air Conditioning: None
Heating: Baseboard, Hot Water
Water: Public Water
Sewer: Installed Conventional
Basement: Yes
Kickout: No
Annual Taxes: $3,716
Tax Year: 2024
Legal: ACREAGE Parcel ID 06100-00-00-125A0 as described in DB 5117/404
Directions: From Rio Rd, turn onto Old Brook Rd, go 0.7 miles to houses at 1700 and 1704 Old Brook Rd on the left.
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
Days on Market: 31
Updated: 10/22/24
Courtesy of: Real Estate Iii, Inc.
Documents/Floorplans: 

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Directions:
From Rio Rd, turn onto Old Brook Rd, go 0.7 miles to houses at 1700 and 1704 Old Brook Rd on the left.
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Listing Office: Real Estate Iii, Inc.