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2603 W Grace Street, Richmond, VA 23220
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$585,000
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Home Details for 2603 W Grace Street
Price
$585,000
Type
Multi Family
Year Build
1958
Sq. Ft.
1518
Lot Size
0.1126
County
Richmond City
Tax
$6,168
MLS®️ Listing#
2428193
On exitrealty.com
312 days
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.
- Parking
- Alley Access
- Off Street
- Water Features
- Public
- House Interior
- Master Downstairs
School Information
School Information for 2603 W Grace Street
Elementary School
Fox
Middle School
Dogwood
High School
Thomas Jefferson
Listing Courtesy: ERA Woody Hogg & Assoc - 804-559-4644. Presented by: Bryan Boykin
Last Updated: 2025-08-27 05:30:18
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Market statistics compiled from data from Central Virginia Regional MLS.
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