2603 W Grace Street, Richmond, VA 23220
Local realty services provided by:ERA Woody Hogg & Assoc.
2603 W Grace Street,Richmond, VA 23220
$585,000
- - Beds
- - Baths
- 1,518 sq. ft.
- Multi-family
- Active
Listed by:
- Bryan Boykin(804) 427 - 5126ERA Woody Hogg & Assoc.
- Woody Hogg(804) 427 - 5101ERA Woody Hogg & Assoc.
MLS#:2428193
Source:RV
Price summary
- Price:$585,000
- Price per sq. ft.:$385.38
About this home
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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Home facts
- Year built:1958
- Listing ID #:2428193
- Added:334 day(s) ago
- Updated:September 13, 2025 at 02:23 PM
Rooms and interior
- Living area:1,518 sq. ft.
Structure and exterior
- Roof:Metal, Shingle
- Year built:1958
- Building area:1,518 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Thomas Jefferson
- Middle school:Dogwood
- Elementary school:Fox
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$585,000
- Price per sq. ft.:$385.38
- Tax amount:$6,168 (2024)
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