2000 W Grace Street, Richmond, VA 23220
- $640,000
- 3,420
- SqFt
- Sold Price
- $640,000
- List Price
- $695,000
- Days on Market
- 15
- Closing Date
- Mar 29, 2024
- MLS#
- CVR-2400543
- Status
- CLOSED
- Type
- Multifamily
- Style
- Victorian, Low Rise
- Year Built
- 1910
- County
- Richmond City
- Region
- 10 - Richmond
Property Description
Exceptional Investment Opportunity in the Fan! A rare chance for savvy investors to acquire a fully rented six-unit apartment building in the W Grace street historic district. Each unit has one bedroom, one bath, with individual fridges, oven/stoves, and AC window units. Tenants benefit from separate electric meters. The owner covers water, sewer, trash, and gas (including radiant heat & hot water), ensuring ease of maintenance. The building includes a shared washer/dryer in the hallway, adding convenience for residents. Perfectly located at the corner of Grace and Meadow, this property is in high demand due to its proximity to VCU/MCV as well as being in walking distance to all things “Fan." Its strategic position ensures a steady income stream. Easy to rent and manage, it's an ideal opportunity for investors seeking a profitable and straightforward venture in a lively neighborhood.
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Additional Information
- Acres
- 0.08
- Living Area
- 3,420
- Elementary School
- Fox
- Middle School
- Dogwood
- High School
- Thomas Jefferson
- Roof
- Slate
- Basement
- Dirt Floor
- Taxes
- $8,736
Mortgage Calculator
Listing courtesy of Small & Associates. Contact:
Selling Office: Harris & Assoc, Inc.
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .