1. Virginia
  2. Richmond
  3. 2603 W Grace St
$585,000

2603 W Grace St, Richmond, VA 23220

  • 1,518 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon4,905sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $385/sqft
  • Property List Date Icon Listed 8 months ago

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.

Listing Status:
Active
Listing Office:
ERA Woody Hogg & Assoc : 804-559-4644
Listing Agent:
Bryan Boykin : (804) 467-8637
MLS ID:
2428193
  • General: Bedroom on Main Level
  • Appliances: Gas Water Heater

This listing courtesy of Bryan Boykin, ERA Woody Hogg & Assoc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William Fox Elementary School

2300 Hanover Ave, Richmond, VA, 23220

Grades KG-5

0.37 miles away

A

Albert Hill Middle School

3400 Patterson Ave, Richmond, VA, 23221

Grades 6-8

0.75 miles away

T

Thomas Jefferson High School

4100 W Grace St, Richmond, VA, 23230

Grades 9-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.