Keller Williams Realty Alliance Group Richmond West - The Wright Group
1/4
Listing Courtesy Of: ERA Woody Hogg & Assoc, Bryan Boykin
Local Realty Services Provided By: Keller Williams Realty Alliance Group Richmond West
Overview
What It'll Cost
Neighborhood
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$585,000
2603 W Grace Street, Richmond, VA 23220
1,518 sq ft
.11 ac
$585,000

2603 W Grace Street, Richmond, VA 23220

Estimation provided by Keller Williams Realty Inc.
1,518 sq ft
.11 ac
Active
For Sale

Property Description

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.

Property Details

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Overview
Property Type
Triplex
Property Size
1,518 sq ft
Year Built
1958
Days on Site
150 Days
Parking
Yes
The Wright Group
Keller Williams Richmond West
0225211821

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $585,000
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Price & Tax History

Date
Event
Price
03/14/2025
Price Decrease
$585,000
(-2.5%)
10/25/2024
Listed
$600,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2020
$20.2
(-99.17%)
$514,000
Land 315,000 + Additions 199,000
2019
$2,442
(-45.73%)
$454,000
Land 245,000 + Additions 209,000
2018
$4,500
$407,000
Land 221,000 + Additions 186,000
2017
$4,500
$375,000
Land 196,000 + Additions 179,000
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

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Car-Dependent Walkable Very Walkable
The Wright Group
Keller Williams Richmond West
0225211821

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