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    Danville County, VA Residential Income Properties for Sale

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    Six-Unit Multi-Family with Updates
    Updated: Jul 9
    Six-Unit Multi-Family with Updates

    2677-& 2689 Old Richmond Road, Danville, VA 24540

    $599,900
    5,312 sqft 0.95 AC lot
    Two adjacent multifamily properties: 2677 & 2689 Old Richmond Rd, totaling 6 units
    2677 Old Richmond Rd features 2 units: 2BR/2BA and 2BR/1BA
    2689 Old Richmond Rd features 4 units: three 2BR/1.5BA and one 2BR/1BA
    Recent updates: new roof, updated windows, and new HVAC systems within the last 5 years
    Utilities: units share one water meter; landlord pays water, trash, and lawn care; tenants pay electric
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    This listing looks promising.

    Here's a quick look at some key insights for

    2677-& 2689 Old Richmond Road, Danville, VA 24540

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $463K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1971
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Danville County, VA, we suggest exploring several alternatives: similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cleared Land Near Caesars Casino
    Cleared Land Near Caesars Casino

    DEER RUN RD, Danville, VA 24540

    $4,300,000
    63.00 AC lot

    63-acre cleared land suitable for residential or commercial development.

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    Danville, VA Building Lot
    Danville, VA Building Lot

    AFTON RD, Danville, VA 24540

    Contact for pricing
    0.73 AC lot

    Residential land for sale in Danville, Virginia.

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    Danville, VA Building Lot
    Danville, VA Building Lot

    AFTON RD, Danville, VA 24540

    Contact for pricing
    0.73 AC lot

    Excellent 0.73 acre building lot in a great location.

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    Residential Lot in Danville, VA
    Residential Lot in Danville, VA

    GOLF CLUB RD lot: 17, Danville, VA 24540

    Contact for pricing
    0.69 AC lot

    Vacant lot ready for your dream home in Danville.

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    Off-Market Properties in Danville County, VA

    Consider similar Off-Market properties in Danville County, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    800 Main St
    Land

    800 Main St, Danville, VA 24541

    Value Estimation by Request
    0.28 AC lot
    View details

    Danville County, VA Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Danville County, VA on our real estate platform. These investment opportunities span a total of 5,312 square feet of properties for sale, with an estimated market value of $599,900.

    Sale prices for residential income properties in Danville County, VA start at $599,900, averaging $599,900, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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