c.1910 Virginia Fixer Upper With Wonderful Fireplaces Under $43K
OHU50K Notes $42,500
c.1910 Virginia Fixer Upper With Wonderful Fireplaces. This home needs quite a bit of work but it is in a convenient location and could be a great investment.
Realtor Comments
INVESTOR SPECIAL! Don’t miss this excellent opportunity to add a promising property to your rental portfolio or transform it into your next renovation project. This 2 bedroom, 2 full bath home features large rooms, fireplaces, and tons of potential with the right vision and updates. With a little TLC, this home could shine again! Sold strictly ‘As-Is’ – traditional financing will not qualify.
- 2 bed
- 2 bath
- Build date 1910
Family History
Pros of Danville, VA
1. Very Affordable Cost of Living
Housing prices and rents are well below Virginia and national averages.
Property taxes and everyday expenses are relatively low.
Good value for first-time buyers, retirees, and remote workers.
2. Revitalizing Downtown & River District
Significant investment in the River District area.
New restaurants, breweries, loft apartments, riverwalk, and events.
Historic tobacco warehouses repurposed into modern spaces.
3. Access to Healthcare
Home to Sovah Health – Danville, offering a range of medical services.
Adequate for most everyday healthcare needs.
4. Location Near North Carolina & Other Cities
Close to the NC border.
Within driving distance of Greensboro, Winston-Salem, Lynchburg, and Raleigh.
Allows regional job commuting and travel options.
5. Parks, Trails & Outdoor Access
Dan River trails, riverwalk, and local parks.
Easy access to nearby rural areas and state parks for outdoor recreation.
6. Manageable City Size
Has city amenities without major congestion.
Short commutes and light traffic.
Cons of Danville, VA
1. Limited Job Market & Wages
Economy still recovering from the decline of tobacco and textile industries.
Fewer high-paying professional or tech jobs.
Many residents commute or work in healthcare, education, or manufacturing.
2. Crime in Certain Areas
Crime rates are higher in some neighborhoods.
Safety varies significantly by area, making location choice important.
3. Education Challenges
Public schools have mixed performance ratings.
Families often research districts carefully or consider alternatives.
4. Modest Entertainment & Dining Scene
Improving but still limited compared to larger metros.
Nightlife and cultural diversity are modest.
5. Slow Growth & Image Challenges
Population decline in past decades.
Some outdated perceptions linger despite revitalization efforts.
6. Healthcare Specialties May Require Travel
While basic care is strong, some specialized services require travel to larger cities.
