$618,000

Multi-Family For Sale
1,518 Sq Ft
0.11 Acres
$407 per Sq Ft
2603 W Grace St
Richmond, VA

About This Property

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 Details

Property Type Multi-Family For Sale
Listed Jan 21, 2026
Square Feet 1,518
Lot Size 0.11 acres
MLS # 2990489318
Status Active

Location