1623 W Grace ST new

Richmond,VA 23220

$ 635000

- Bed

0 Bath

2622 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,622 sqft

Price per Sqft $242

MLS Listing ID 2504204

Style Two Story

Construction Status Approximate

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,732

Tax Year 2024

Lot Size 2,940 Sqft

Acres 0.0675

Property Sub-Type Triplex

Property Description

Renovated 1910's Victorian triplex in the heart of Richmond's iconic Fan District. Just blocks from the VCU campus, this triplex has maintained a strong history of 100% occupancy and offer value add opportunities through cosmetic upgrades. The property features two 1 bedroom and one 2 bedroom floor plans. These three apartments offer the charm and character of a historic home including beautiful hardwood floors and decorative fireplaces. Amenities include central air, washer/dryer and off street parking. Additionally, the units are individually metered for electricity.

Recent improvements include: Two new HVAC units (Unit A & C, 2024), new ventilation pipe for boiler/water heater, new exterior paint, new bathroom flooring (Unit C, 2024), Rebuilt Back Deck (2016). 1623 W Grace Street is a strong multi-family opportunity in
Richmond's most premier neighborhood. This property is ideal for an investor looking to expand their portfolio or anyone looking to enter the multi-family market with true presence.

Location

State VA

County Richmond City

Area 10 - Richmond

Rooms

Basement Partial

Exterior

Roof Type Built-Up

Garage No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Brick

Construction Status Approximate

Schools

Elementary Schools Fox

Middle Schools Dogwood

High Schools Thomas Jefferson

Others

Tax ID W000-0735-020

Ownership Individuals

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