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2603 W Grace Street Richmond, VA $ 600,000
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$ 600,000 Get more info
2603 W Grace Street
$ 600,000
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2603 W Grace Street

Richmond, VA, 23220
$ 600,000
Baths0.0 Sq 1,518

Monthly Estimate*

$ 3,593

2603 W Grace Street, Richmond, VA 23220 - Image 1
2603 W Grace Street, Richmond, VA 23220 - Image 2
2603 W Grace Street, Richmond, VA 23220 - Image 3
2603 W Grace Street, Richmond, VA 23220 - Image 4
Studio

Multi-Family Home for sale in Richmond, VA

for $600,000. This 1,518 square foot home was built in 1958 on a lot size of 0.1126.

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.

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Multi-Family Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,168

Style

Triplex

Lot Size

0.1126

Year Built

1958

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2428193
Features
General
Interior Features BedroomOnMainLevel
Sewer PublicSewer
Roof Metal Shingle
Appliances GasWaterHeater
Exterior Features Awnings Lighting Storage Shed
Patio/Porch Features FrontPorch
Architectural Style Other
Construction Materials Brick Drywall Frame Plaster
Year Built 1958
Stories 1
Levels One
Building Design Triplex
Tax Year 2024
FULL Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Full Baths 0
Status Active
High School Thomas Jefferson
Disclosures DisclosureOnFile
Senior Community Y/N N
Zoning Description R-48
NumberOfUnitsTotal 3
MLS Area 10 - Richmond
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Elementary School Fox
Property Attached Y/N N
Year Built Details Approximate
Land Lease Y/N N
Tax Annual Amount 6168.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 514000
Ownership Type SoleProprietor
Property Sub Type Additional Triplex
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Exterior
Fencing None
Parking Features AlleyAccess OffStreet
Water Source Public
Lot Size Area 0.1126
Spa N
Lot Size Acres 0.1126
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Baths 0
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* Excluded Features
List By
Bryan Boykin

Listing Agent

Era Woody Hogg & Assoc

Broker

BryanBoykin@erawoodyhogg.com

Email

Affordability Calculator

$4,107
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,593
Monthly Property Taxes
$514
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/26/2024$600,000 Listed Price

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2603 W Grace Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $600,000 with 1,518 sqft and a lot size of 0.1126. 2603 W Grace Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 23220 which is in Richmond, VA

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