2603 W Grace Street
Richmond, VA 23220
- – beds
- – baths
- 1,518 sqft
- 4,905 sqft lot
- $395 per sqft
- 1958 build
- – on site
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.
Last checked:
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Last updated Dec 16, 2024
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MLS# 2428193 —
The Building
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Year Built:1958
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Year Built Details:Approximate
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Construction Materials:Brick,Drywall,Frame,Plaster
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Architectural Style:Other
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Roof:Metal,Shingle
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Exterior Features:Awnings,Lighting,Storage,Shed
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Stories Total:1
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Stories:1
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Levels:One
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Basement:false
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Patio And Porch Features:FrontPorch
Interior
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Interior Features:BedroomOnMainLevel
Room Dimensions
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Living Area:1518.0
The Property
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Parcel Number:W000-1169-012
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Lot Size Acres:0.1126
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Lot Size Area:0.1126
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Lot Size Units:Acres
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Zoning Description:R-48
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Fencing:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (804) 467-8637
- Office phone:
- (804) 559-4644
Taxes
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Tax Year:2024
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Tax Annual Amount:6168.0
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Tax Assessed Value:514000
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Tax Legal Description:0033.83X0145.00 0000.000
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:GasWaterHeater
Schools
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Elementary School:Fox
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Middle Or Junior School:Dogwood
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High School:Thomas Jefferson
The Community
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Subdivision Name:None
Parking
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Garage:false
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Parking Features:AlleyAccess,OffStreet
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/21/24
Nov 21, 2024
|
Listed / Active | CVRMLS | $600,000 |
