121 Tate ST new Save Request In-Person Tour Request Virtual Tour
Danville,VA 24540
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 10,328 sqft
Price per Sqft $5
MLS Listing ID 2430440
Style Other
Bedrooms 2
Full Baths 1
Construction Status Unknown
HOA Y/N No
Year Built 1919
Annual Tax Amount $181
Tax Year 2023
Lot Size 10,328 Sqft
Acres 0.2371
Property Description
This property is one of four investment properties being sold through a virtual auction on the company website. The online, non-contingent sale ends Thursday, December 5th, at 2 PM. All four properties are being sold as is, where is with a 30-day close. There is a 10% buyer's premium associated with this virtual auction event. 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.
Location
State VA
County Danville
Area 310 - Danville
Interior
Heating Other
Cooling Other
Exterior
Pool None
Waterfront No
Roof Type Other
Garage No
Building
Story 2
Sewer Other
Water Other
Architectural Style Other
Level or Stories Two
Structure Type Other
New Construction No
Construction Status Unknown
Schools
Elementary Schools Forest Hills
Middle Schools Westwood
High Schools George Washington
Others
Tax ID 04316
Ownership Other
Special Listing Condition Other