2603 W Grace Street Richmond, VA 23220
Listing Courtesy of: CENTRAL VIRGINIA REGIONAL MULTIPLE LISTING SERVICE / ERA Woody Hogg & Assoc. / Bryan Boykin / Woody Hogg

  2603 W Grace Street Richmond, VA 23220

Active (59 Days)
$600,000

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.

MLS #:
2428193
Taxes
$6,168(2024)
Lot Size
4,905 SQFT
Type
Multifamily
Year Built
1958
Style
Other

Listed By

Bryan Boykin, ERA Woody Hogg & Assoc.
Woody Hogg, ERA Woody Hogg & Assoc.
Source
CENTRAL VIRGINIA REGIONAL MULTIPLE LISTING SERVICE
Last checked Dec 22 2024 at 9:27 PM GMT+0000
Bathroom Details
Interior Features
  • Gas Water Heater
Exterior Features
  • Roof: Shingle
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
School Information
  • Elementary School: Fox
  • Middle School: Dogwood
  • High School: Thomas Jefferson
Parking
  • Off Street
  • Alley Access
Stories
  • 1
Living Area
  • 1,518 sqft
Location
   
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Disclaimer: Copyright 2024 Central Virginia Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/22/24 13:27