About This Home

This 2-bedroom, 1-bathroom single family at 261 Fagan St in Danville, VA is listed for $47,500 ($61 per sqft). Built in 1947, the home offers 784 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1947
  • 0.27 acre lot

Property Details

1 full
1947
Listing Description

Attention investors, flippers, and renovation enthusiasts! This 2-bedroom, 1-bath bungalow style home located at 261 Fagan St. offers an opportunity to transform a distressed property into a potential income-producing rental or resale project. Situated on a level lot, the home features a traditional layout and convenient city location.

However, the property is in need of a complete rehabilitation and is being sold strictly as-is, where is, no warranties. With a manageable footprint, this property could be an attractive project for investors seeking their next renovation opportunity. Bring your vision, tools, and contractor to unlock the potential this property has to offer. Info per city assessor and/or owner's POA. Buyer to verify to their satisfaction. Some photos are AI generated to show the home's potential.

Monthly Cost Estimate

$254/mo

20% down · 6.5% · 30 years

Principal$34
Interest$206
Insurance$14

Estimates only. Actual payments may vary.

Location

261 Fagan St

Danville, VA 24540

Danville City

Property Details

Flooring

VinylWood

Construction

Aluminum Siding

Heating

Floor Furnace

Questions & Answers

This 2-bedroom, 1-bathroom single family at 261 Fagan St is listed at $47,500 ($61/sqft). The estimated monthly payment is $254 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1947, 0.27 acre lot.

This property is listed by Angie Ancheta and can be reached at 2763407355.

AA

Angie Ancheta

Agent at Piedmont Realty

(276) 340-7355

Listed by Piedmont Realty · Broker phone: 2764031114 · View on Broker Site

MLS# 150294· Source: Martinsville, Henry, Patrick Counties Association of Realtors· 2 days on PropertySimple

Copyright © 2026 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

261 Fagan St, Danville, VA 24540

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