Few opportunities like this come along.  

Hello Investors:  

If you're looking for a deal in Albemarle, you're not going to find a better or easier one than this:

This house is completely livable as-is with good bones and relatively little work needed to make it shine.  We're priced about $36K below the 2017 tax assessment of $165,900, leaving tons of equity on the table for the next owner.

Here's what's right... This is a stick built house... not a double wide.  The 2 acre lot is beautiful, mostly flat, secluded and backing to woods.  The home offers 1,044 square feet with 3 bedrooms and 1 bath.  It's one level living with good hardwood floors and tasteful construction.  It's right next to Crozet, 15 minutes to Charlottesville and 10 minutes to Waynesboro.  Forgetting everything else, many families make the decision to move here for only one reason - the public schools in this location are among the best in the nation.

Here's what's wrong... The kitchen and bath are dated, there's 1 or 2 square feet of damaged flooring next to the bath tub, there's wallpaper, there's minor deterioration of the exterior fiberboard siding, and there's structural damage at the top of the chimney.

Oh yeah, one more thing... One year ago, in November 2016, the house immediately next door to this one, 504 Newtown Rd, which was a virtual twin of this house when they were both built in 1972, was remodeled by an investor and sold in only 18 days for $219,500. 

If you'd like to see more, here are pictures of the good and the bad: