Four Bedroom Virginia Fixer Upper $59,900
$59,900
Four-bedroom, two-bath Virginia fixer upper with front porch, hardwood floors, eat-in kitchen, HVAC.
Realtor Comments
Investor Special Over 2, 000 Sq Ft in Danville, VA! Selling As-Is! Unlock the potential in this spacious 3-bedroom, 2-bathroom home boasting 2, 000+ sq ft of opportunity! Whether you’re looking to expand your rental portfolio or start your real estate journey, this is the deal you’ve been waiting for. Potential monthly income of $1, 165 based on current Fair Market Rent in the area! SOLD AS-IS bring your vision and turn this solid home into a cash-flowing asset. Features a package unit HVAC, ample living space, and a layout ideal for renters or resale. Conveniently located in Danville, VA a growing market with great long-term potential. Investor’s Dream Renovate, rent, or flip the choice is yours! Don’t miss out on this Diamond in the rough.
- 4 bed
- 2 bath
If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
318 Farrar St, Danville, VA 24540 $59,900
- Contact Realtor: KELLY RIDDLE
- Google Maps
- Niche
Location of This Virginia Fixer Upper
Pros of Danville (41,827 pop), VA:
- Affordable cost of living with housing prices well below national averages
- Rich historical heritage with beautiful architecture in the River District and Historic North Main Street
- Recent revitalization efforts with significant downtown improvements
- Home to institutions like Averett University and Danville Community College
- Growing arts and culture scene with museums and the North Theatre
- Danville River Walk offers scenic outdoor recreation along the Dan River
- Proximity to natural attractions like Smith Mountain Lake and the Blue Ridge Mountains
- Strong sense of community with local festivals and events
- Growing business development with emerging technology and manufacturing sectors
- Low traffic congestion compared to larger cities
Cons of Danville, VA:
- Higher unemployment rates than state and national averages
- Economic challenges following the decline of textile and tobacco industries
- Limited job diversity and professional opportunities compared to larger cities
- Higher crime rates in certain neighborhoods
- Limited nightlife and entertainment options compared to larger cities
- Distance from major metropolitan areas (approximately 45 minutes from Greensboro, NC)
- Limited public transportation infrastructure
- Some areas still show signs of economic struggle and urban decay
- Healthcare options, while improving, are less comprehensive than in larger cities
- Limited shopping options requiring travel to larger cities for specialty items
