AMAZING TURNKEY RENTAL WITH HIGH CASHFLOW (HUGE BILLBOARD ON PARCEL) NEAR CEASARS CASINO

Danville, VA, 24541
Sold
Listed at: May 3rd, 2023
Price
$55,000
ARV
$110,000
Gross Margin
$55,000
Sq. Footage
819
Type
Commercial
Parking
Driveway
Year build
1920
Lot size
0.29 acres
Bedrooms
1
Bathrooms
1
Half Bathrooms
0
Summary

Property Specs

  • SFH in Danville VA
  • 1 BED
  • 1 BATHROOM
  • 819 SQ FT
  • ZONED MIXED USE


Property Condition

  • NEWER ROOF
  • NEWER HVAC
  • RENOVATED HOUSE, FLOORING, PAINT
  • TURNKEY HOUSE


The Property is currently rented to a long term tenant at $400/MO (Way Below Market Rent) Month to Month. Estimated market rent is $600/MO. Billboard has potential to rent for $600+. Great turnkey investment!


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Seth Redman

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Disposition manager