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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2603 W Grace Street in Richmond, VA is listed for $618,000 ($407 per sqft). Built in 1958, the home offers 1,518 sqft of living space on a 0.11 acres lot.
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.
Key Features
- Built in 1958
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$3,305/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2603 W Grace Street
Richmond, VA 23220
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Pool Features
Parking
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2603 W Grace Street is listed at $618,000 ($407/sqft). The estimated monthly payment is $2,678 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.11 acre lot. Interior Features: BedroomOnMainLevel. Exterior Features: Awnings, Lighting, Storage.
This property is listed by Bryan Boykin and can be reached at 8044678637 or BryanBoykin@erawoodyhogg.com.
