UNDER CONTRACT | 1623 W Grace St Richmond, VA 23220

$579000

Multi-Family
Property Type


Units

.067 AC
Parcel

2,622 SF
GBA

Under Contract Listing

About This Property

One South Commercial is pleased to bring to market 1623 W Grace Street, a 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: New HVAC (Unit B, 2015), New HVAC (Unit A & C, 2016), 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.

Additional Information

93
Walkability

52
Transit

Units 3
Parcel ID W000-0735-020
Const. Materials Brick
Zoning Desc. R-48
Co-broker Fee Yes

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