tomo logo

$121,000

Beds
4
Baths
1.5
sq ft
1,700

121 Tate St, Danville, VA 24540

121 Tate St

Danville, VA 24540

  • 54 days on market
Take advantage of the cheap property taxes and the new CAESARS CASINO to maximize your investment portfolio with 8 rentable units in 4 houses. Discover this beautifully remodeled 1,700 sq ft two-story home offering both classic charm and modern potential. Set on a generous quarter-acre lot (10,328 sq ft) adorned with fruit trees, this property presents multiple opportunities for savvy investors. Property Highlights Versatile 4-bedroom layout with first-floor master suite Recently remodeled interior with preserved hardwood floors Fully equipped with appliances including washer/dryer Efficient dual heating system Durable metal roof Welcoming covered front porch Investment Opportunity Units Rental Breakdown: 2 Bedrooms @ $525 Per month 1 Bedroom in the Back w/ office @$650 Per Month 1 Rear Separate, Detached unit ( when finished) $1,000 Per month Ready-to-convert detached studio perfect for rental income Flexible space for in-law suite or efficiency apartment Multiple bathroom addition potential Separate rear house with kitchen space Private setting with established landscape Location & Amenities Spacious private driveway Fenced yard with mature fruit trees Convenient storage options Well-maintained masonry sidewalks This turnkey property offers immediate rental potential while providing multiple pathways for value appreciation through strategic improvements. Perfect for investors seeking both current income and long-term growth potential in Danville's expanding market.

Details

Property type

Single Family Residence

Lot size

0.24 acres

Price per sq ft

$72

Year built

1919

Annual property taxes

$181.44

Price History

12/09/2024
CentralVirginia

CentralVirginia #2430440

Price change
$121,000
+101.67%
11/22/2024
CentralVirginia

CentralVirginia #2430440

Listed
$60,000

Schools & Community

Elementary school: 

Forest Hills

Middle school: 

Westwood

High school: 

George Washington

Similar Homes Nearby

CentralVirginia
$139,000
3 bd
|
2 ba
|
1,060 sq ft
|
House

2941 Coleman Mountain Rd, Java, VA 24565

CentralVirginia
$137,500
3 bd
|
1 ba
|
2,000 sq ft
|
House

239 W Thomas St, Danville, VA 24540

Status: Active

Tomo last checked: 01/15/2025 at 1:50 PM

Listing updated: 12/10/2024 at 9:06 PM

Listed by: Philip Bonnie, Dudley Resources Phone #: (804) 709-1954

MLS: CentralVirginia #2430440

CentralVirginia logo

Recently listed in Danville

$117,500|3 bd|1.0 ba|House
$121,000|4 bd|1.5 ba|House
$137,500|3 bd|1.0 ba|House
$165,000|3 bd|1.0 ba|House