121 Tate Street
Danville, VA 24540
- 4 beds
- 2 baths
- 1,700 sqft
- 10,328 sqft lot
- $71 per sqft
- 1919 build
- – on site
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.
Last checked:
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Last updated Dec 17, 2024
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MLS# 2430440 —
The Building
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Year Built:1919
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Year Built Details:Actual
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New Construction:false
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Construction Materials:Other
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Architectural Style:Other
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Roof:Other
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Stories Total:2
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Stories:2
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Levels:Two
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Basement:false
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Building Area Source:Owner
Interior
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Rooms Total:7
Room Dimensions
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Living Area:1700.0
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Living Area Source:Owner
Financial & Terms
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Possession:Other
The Property
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Parcel Number:04316
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:Resale
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Property Attached:false
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Lot Size Acres:0.2371
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Lot Size Area:0.2371
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Lot Size Units:Acres
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Zoning Description:OTR
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (757) 651-1729
- Office phone:
- (804) 709-1954
Taxes
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Tax Year:2023
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Tax Annual Amount:181.44
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Tax Assessed Value:21600
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Tax Legal Description:50 FT TATE ST
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
Heating & Cooling
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Cooling:Other
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Heating:Other
Utilities
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Sewer:Other
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Water Source:Other
Schools
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Elementary School:Forest Hills
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Middle Or Junior School:Westwood
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High School:George Washington
The Community
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Subdivision Name:None
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Pool Features:None
Parking
-
Garage:false
Monthly cost estimate
Asking price
$121,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$647
|
| Taxes | $15 |
| Insurance | $33 |
| Utilities | $208 See report |
| Total | $903/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Price Changed | CVRMLS | $121,000 | 101.7% |
|
11/22/24
Nov 22, 2024
|
Listed / Active | CVRMLS | $60,000 |
