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2603 W Grace Street, Richmond, VA 23220

Richmond
Local realty services provided by:CENTURY 21 Nachman Realty
2603 W Grace Street,Richmond, VA 23220
$599,950
  • - Beds
  • - Baths
  • 1,518 sq. ft.
  • Multi-family
  • Active
Listed by: bryan boykin, woody hogg
Office: era woody hogg & assoc
MLS#:2601767
Source:RV

Price summary

  • Price:$599,950
  • Price per sq. ft.:$395.22

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 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.

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Home facts

  • Year built:1958
  • Subdivision & Development:None
  • Listing ID #:2601767
  • Added:191 day(s) ago
  • Updated:July 31, 2026 at 02:56 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
  • Construction Materials:Brick, Drywall, Frame, Plaster
  • Exterior Features:Awnings, Front Porch, Lighting
  • Levels:One

Schools

  • High school:Thomas Jefferson
  • Middle school:Dogwood
  • Elementary school:Fox

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,950
  • Price per sq. ft.:$395.22
  • Tax amount:$6,168 (2024)

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Alley Access, Off Street
MLS LogoThe information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. All information provided is deemed reliable but is not guaranteed accurate.The multiple listing information is provided by Central Virginia Regional Multiple Listing Service, LLC from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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