$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 #2430440
Price change
$121,000
+101.67%
11/22/2024
CentralVirginia #2430440
Listed
$60,000
Schools & Community
Elementary school:
Forest Hills
Middle school:
Westwood
High school:
George Washington
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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
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