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2603 W Grace Street , Richmond, VA 23220

$618,000
  • 2603 W Grace Street , Richmond, VA 23220 Main Photo

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Active
BEDS0 BATHS SQUARE FEET1,518 MLS#2601767
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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 2 half bathrooms, offering the potential for conversion into a third apartment or another business, maximizing your rental income. With a convenient rear parking lot accommodating 6 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.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.11 Acres
Roof Type: Metal, Shingle
Stories: 1.0
Taxes: $6,168
Year Built: 1958

Amenities

Bedroom on Main Level
Awning(s)
Lighting
Storage
Shed

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 57
Exterior: Brick, Drywall, Frame, Plaster
Fencing: None
Parcel#: W000-1169-012
Parking: Alley Access, Off Street
Patio/Porch: Front Porch
Sewer: Public Sewer
Units: 3
Water: Public

Local Schools

High School: Thomas Jefferson
Middle School: Dogwood
Elementary School: Fox

Listed By / Shown By

Listed By

Agency Name: ERA Woody Hogg & Assoc

Shown By

Agency Title: Napier Realtors ERA
Agency Phone: 804-794-4531

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Estimated Payment

$ 2,069.65 per month $1,375.40 Principal & Interest $514.00 Property Tax $180.25 Homeowner's Insurance

Change Payment Information

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