2603 W Grace ST Active Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23220
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
Year Built 1958
Annual Tax Amount $6,168
Tax Year 2024
Lot Size 4,904 Sqft
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
Exterior
Exterior Feature Awning(s),Lighting,Storage,Shed
Fence None
Roof Type Metal,Shingle
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick,Drywall,Frame,Plaster
Schools
Elementary Schools Fox
Middle Schools Dogwood
High Schools Thomas Jefferson