1700 Old Brook RdCharlottesville, VA 22901

Property Details for 1700 Old Brook Rd

Year built

1967

Lot size

7.96 AC

Property size (Sq ft)

3,298 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a two-unit multifamily property ideally situated at 1700 Old Brook Rd, Charlottesville, VA 22901, in Albemarle County. The property, built in 1967, comprises two single-family homes, suitable for both traditional rental and student housing, given its location. The combined square footage totals 3,298 across the two buildings, each situated on a spacious 7.96-acre lot. The property features a total of two units, offering a manageable investment portfolio. The asking price is $875,000. The property's APN is 493810918109. This is a rare opportunity to acquire a multifamily property in a desirable Charlottesville location with significant land area. The single-story buildings offer ease of maintenance and management. The property's multi-unit nature provides potential for strong rental income and appreciation. Given the proximity to educational institutions, this property is well-suited for student housing, offering a consistent stream of rental income. Investors seeking a stable and potentially high-yield investment should consider this attractive offering. The property's size and location make it a compelling investment opportunity in the thriving Charlottesville market.

Location Insight

City

Charlottesville

County

Albemarle

State

Virginia

Latitude

38.083

Longitude

-78.4612

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