121 Tate Street
Description
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.
- Listed by Philip Bonnie • Brokerage DRE #226032329 • Dudley ResourcesP: (757)-651-1729 C: (757)-651-1729 pbonnie@dudleyresources.com
Property Details for 121 Tate Street
Property Details for 121 Tate Street
| Status | Active |
|---|---|
| MLS # | 2430440 |
| Days on Market | 6 |
| Taxes | $181 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1919 |
| Lot Size | 0.24 AC / 10,328 SF |
| County | Danville Independent City |
Building Information for 121 Tate Street
Property Information for 121 Tate Street
- City: Danville
- City Region: None
- County Or Parish: Danville
- Latitude: 36.612431
- Longitude: -79.382799
- Postal City: Danville
- Postal Code: 24540
- Postal Code Plus4: 2711
- State Or Province: VA
- Unparsed Address: 121 Tate St
- Zoning Description: OTR
- Parcel Number: 04316
- Tax Annual Amount: $181.44
- Tax Assessed Value: $21,600.00
- Tax Legal Description: 50 FT TATE ST
- Tax Year: 2023
- Elementary School: Forest Hills
- High School: George Washington
- Middle Or Junior School: Westwood
- Garage: No
- Building Area Source: Owner
- Living Area: 1,700.00
- Living Area Source: Owner
- Lot Size Acres: 0.2371
- Lot Size Area: 0.2371
- Lot Size Units: Acres
- Stories: 2
- Stories Total: 2
- Property Sub Type Additional: Single Family Residence
- New Construction: No
- Property Attached: No
- Property Condition: Resale
- Type of Property: Single Family
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Year Built: 1919
- Year Built Details: Actual
- CLIP: 7,907,992,295
- Development Name: None
- Sewer: Other
- Water Source: Other
- Pool Features: None
- Roof: Other
- Basement: No
- Bathrooms Full: 1
- Bathrooms Half: 1
- Bathrooms Total Integer: 2
- Bedrooms Total: 4
- BathsTotal: 1.1
- Room and Floor: Half Bath-First, Full Bath-First
- Room List: Half Bath, Full Bath
- Cooling: Other
- Heating: Other
- Levels: Two
- Rooms Total: 7
- Room Type 1: Half Bath
- Room Level 1: First
- Room Type 2: Full Bath
- Room Description 2: Shower
- Room Level 2: First
- Price Per Area Unit: Dollars Per Square Foot
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 121 Tate Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 121 Tate Street
Schools near 121 Tate Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 4 to 5 |
Rating | School | Distance |
|---|---|---|
G.L.H. Johnson Elementary School PublicK to 5 | ||
Westwood Middle School Public6 to 8 | ||
Galileo Magnet High School Public9 to 12 | ||
Woodrow Wilson Intermediate Public4 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Dudley Resources, Philip Bonnie
Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
