121 Tate Street

Danville VA 24540

1700 sq. ft.

0.24 ac.

Single-Family

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

2 bathrooms

1700 sq. ft. floor area

0.24 ac. lot size

Single-Family

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