Homes for sale - 2603 W Grace ST, Richmond, VA 23220

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$600,000

Est. payment - /mo

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1,518 SqFt

Active

2603 W Grace ST Richmond, VA 23220

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Paul Myers

paul@rcep1.com +1(804) 350-9371

UPDATED:

10/31/2024 02:26 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,518 sqft

Price per Sqft $395

MLS Listing ID 2428193

Style Other

Construction Status Approximate

HOA Y/N No

Year Built 1958

Annual Tax Amount $6,168

Tax Year 2024

Lot Size 4,904 Sqft

Acres 0.1126

Property Description

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.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Interior Features Bedroom on Main Level

Appliance Gas Water Heater

Exterior

Exterior Feature Awning(s), Lighting, Storage, Shed

Fence None

Roof Type Metal,Shingle

Porch Front Porch

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Structure Type Brick,Drywall,Frame,Plaster

Construction Status Approximate

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-1169-012

Ownership Individuals

Listed by ERA Woody Hogg & Assoc

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Paul Myers

+1(804) 350-9371

paul@rcep1.com

2603 W Grace ST Richmond, VA 23220

Paul Myers

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2603 W Grace ST