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