Price: $121,000
Beds: 4
Baths: 1 full, 1 half
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.24
Lot Size SqFt: 10,328
Year Built: 1919
Neighborhood: None
Days on Website: 34

Courtesy of Dudley Resources

Property Description

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.

Open House

Property Details and Features

  • Possession
  • Possession: Other
  • Lot
  • Parcel Number: 04316
  • Bathrooms
  • Bathrooms Total Integer: 2
  • Building
  • Construction Materials: Other
  • Living Area Source: Owner
  • Rooms Total: 7
  • Listing
  • Ownership: Other
  • Location
  • City Region: None
  • County Or Parish: Danville
  • Property
  • Property Condition: Resale
  • Property Sub Type: Single Family Residence
  • Taxes
  • Tax Annual Amount: $181
  • Tax Assessed Value: $21,600
  • Tax Legal Description: 50 FT TATE ST
  • Tax Year: 2023

Property Map

$121,000 – 121 Tate Street, Danville, VA 24540

Street View

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