2603 W Grace Street, Richmond, VA 23220
- $599,950
- 1,518
- SqFt
- List Price
- $599,950
- Price Change
- ▼ $18,050 1784157984
- Days on Market
- 189
- MLS#
- CVR-2601767
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Other
- Year Built
- 1958
- County
- Richmond City
- Region
- 10 - Richmond
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.
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Additional Information
- Acres
- 0.11
- Living Area
- 1,518
- Exterior Features
- Awning(s), Lighting, Storage, Shed
- Elementary School
- Fox
- Middle School
- Dogwood
- High School
- Thomas Jefferson
- Roof
- Metal, Shingle
- Appliances
- Gas Water Heater
- Taxes
- $6,168
Mortgage Calculator
Listing courtesy of ERA Woody Hogg & Assoc. Contact:
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