2711 W Grace Street, Richmond, VA 23220

Property Description

Discover a rare gem in Richmond's vibrant Fan District with this charming triplex at 2711 W. Grace St. This property presents a unique blend of investment potential and classic living. The first floor houses two 1-bedroom, 1-bathroom units, each offering cozy living spaces. The second floor features a more spacious 2-bedroom, 2-bathroom unit, perfect for a small family or roommates with the potential for a third bedroom in the walkup attic. The two vacant units have been freshly painted, creating a bright and welcoming atmosphere. The interior boasts a mix of elegant tile and classic hardwood floors, complemented by high ceilings that add a sense of grandeur to the living spaces. A full basement provides convenient laundry facilities and secure storage, enhancing the functionality of this property and offering additional income. One of the 1-bedroom units is currently leased, offering immediate rental income. This is an excellent opportunity for investors looking for a property with a solid rental history or potential. Alternatively, it's ideal for someone seeking a unique living space with the added benefit of rental units. Outside, two parking spaces are available at the rear with alley access, adding to the convenience for residents. The location of this triplex is a significant draw, being in the heart of the Fan District. Residents will enjoy close proximity to a variety of local amenities, including shops, restaurants, and entertainment options, making it a highly desirable location. This property is not just a home; it's a lifestyle choice for those who appreciate the blend of modern living and historical charm that Richmond offers.