121 Tate St, Danville,VA 24540

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.