Price: $780,000
Beds: 3
Baths: 2
Living Area SqFt: 3,298
Status: Active
Property Type: Detached
Lot Size Acres: 7.96
Lot Size SqFt: 346,737
Year Built: 1967
Neighborhood: None
Days on Website: 141

Courtesy of REAL ESTATE III, INC.

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

Open House

Property Details and Features

  • Basement
  • Yes
  • Bathrooms
  • 2 full bathrooms
  • 2 bathrooms
  • Bedrooms
  • 3 bedrooms
  • Building
  • Design: Ranch
  • 1 Story
  • 3,298 finished square feet
  • 4,042 total square feet
  • 744 unfinished square feet
  • Built in 1967
  • Cooling
  • None
  • Exterior Features
  • Brick
  • Foundation
  • Concrete Block
  • Concrete Slab
  • Heating
  • Baseboard
  • Hot Water
  • Listing
  • 141 days on the market
  • Location
  • 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.
  • City: Charlottesville
  • Lot
  • 7.96 acres
  • Parking
  • 1-car carport
  • Schools
  • Elementary school: Woodbrook
  • Middle school: Journey
  • High school: Albemarle
  • Taxes
  • Annual taxes: $3,716
  • Year: 2024
  • Utilities
  • Water: Public Water

Property Map

$780,000 – 1704 Old Brook Rd, Charlottesville, VA 22901

Street View

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