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
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
Waterfront No
Roof Type Metal,Shingle
Porch Front Porch
Parking Type Alley Access,Off Street
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