Active

2603 W Grace St

Richmond VA, 23220

$600,000


$395.26 per sqft

Active

1,518 sqft

Multi-family

Built in 1958

Mixed use property in the Fan! Discover an exceptional investment opportunity with this mixed-use building zoned R-48, ideally located near the bustling intersection of Boulevard and Broad St. This property features two cozy efficiency apartments, each approximately 380 sqft and currently generating monthly rental income of $1,050 and $1,100. In addition, there is a versatile business office space, formerly a dentist office, spanning around 760 sqft. This area, which consists of six rooms and a half bathroom, offers the potential for conversion into a third apartment, maximizing your rental income. With a convenient rear parking lot accommodating 4-5 vehicles, accessibility is a breeze for both tenants and clients. Don't miss out on this prime property that combines residential and commercial potential in a sought-after location! 24 hour notice required to show.

2428193

MLS ID

October 26, 2024

Listed

November 22, 2024

Updated

Map

2603 W Grace St
Richmond VA, 23220

Interior Features

Total Stories

1


Interior Features

Bedroom on Main Level


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Awning(s), Lighting, Storage, Shed


Architectual Style

Other


Roof

Metal, Shingle


Sewer

Public Sewer

School Information

High School

Thomas Jefferson


Elementary School

Fox

Other Property Details

Area Name

10 - Richmond


Taxes

$6,168


Tax Frequency

Annually


Days on Market

7


Garage

No


Parking

Alley Access, Off Street


View

No


County

Richmond City


Water Source

Public


Pool

No

Listed by ERA Woody Hogg & Assoc, Bryan Boykin, (804) 467-8637 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 11/22/2024

Powered byLuxury Presence