1700-1704 Old Brook Road, a unique investment opportunity nestled in the heart of Albemarle County's Urban Area. This expansive property has two residences - a stately brick home in need of complete renovation and a separate cottage, which could be 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. This property presents potential for the discerning Investor. and great for the contractor client or investor to rehab and rent these two homes. The land itself appears to allow for the development of one or two lots in addition to the existing dwellings, subject to county guidelines.
The median home value in Charlottesville, VA is $429,400. This is lower than the county median home value of $451,500. The national median home value is $338,100. The average price of homes sold in Charlottesville, VA is $429,400. Approximately 37.49% of Charlottesville homes are owned, compared to 53.24% rented, while 9.27% are vacant. Charlottesville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Charlottesville real estate agent to arrange a tour today!
Charlottesville, Virginia 22901 has a population of 46,597. Charlottesville 22901 is less family-centric than the surrounding county with 30.14% of the households containing married families with children. The county average for households married with children is 32.65%.
The median household income in Charlottesville, Virginia 22901 is $63,470. The median household income for the surrounding county is $90,568 compared to the national median of $69,021. The median age of people living in Charlottesville 22901 is 32.5 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 45.3 inches per year, with 14.5 inches of snow per year.