2711 W Grace Street Richmond, VA $ 765,000
2711 W Grace Street
$ 765,000
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2711 W Grace Street

Richmond, VA, 23220
$ 765,000
Baths0.0 Sq 2,716

Monthly Estimate*

$ 5,344

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View a Virtual Tour
Studio

Multi-Family Home for sale in Richmond, VA

for $765,000. This 2,716 square foot home was built in 1910 on a lot size of 0.0724.

Discover a rare gem in Richmond's vibrant Fan District with this charming triplex at 2711 W. Grace St. This property presents a unique blend of investment potential and classic living. The first floor houses two 1-bedroom, 1-bathroom units, each offering cozy living spaces. The second floor features a more spacious 2-bedroom, 2-bathroom unit, perfect for a small family or roommates with the potential for a third bedroom in the walkup attic. The two vacant units have been freshly painted, creating a bright and welcoming atmosphere. The interior boasts a mix of elegant tile and classic hardwood floors, complemented by high ceilings that add a sense of grandeur to the living spaces. A full basement provides convenient laundry facilities and secure storage, enhancing the functionality of this property and offering additional income. One of the 1-bedroom units is currently leased, offering immediate rental income. This is an excellent opportunity for investors looking for a property with a solid rental history or potential. Alternatively, it's ideal for someone seeking a unique living space with the added benefit of rental units. Outside, two parking spaces are available at the rear with alley access, adding to the convenience for residents. The location of this triplex is a significant draw, being in the heart of the Fan District. Residents will enjoy close proximity to a variety of local amenities, including shops, restaurants, and entertainment options, making it a highly desirable location. This property is not just a home; it's a lifestyle choice for those who appreciate the blend of modern living and historical charm that Richmond offers.

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Multi-Family Pending

Price

$ 765,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,240

Style

Triplex

Lot Size

0.0724

Year Built

1910

Town/City

Richmond

County/Region

Richmond City

MLS | Web ID

2400682

Features
General
Interior Features BedroomonMainLevel GraniteCounters HighCeilings
Sewer PublicSewer
Roof Flat
Appliances GasWaterHeater
Patio/Porch Features Balcony RearPorch FrontPorch
Architectural Style TwoStory
Construction Materials Brick Plaster
Year Built 1910
Stories 3
Levels ThreeOrMore
Property SubType Triplex
Tax Year 2023
Percent Ownership Individuals
County Richmond City
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Pending
High School Thomas Jefferson
View Y/N N
Senior Community Y/N N
Zoning Description R-48
Total Units 3
MLS Area 10 - Richmond
Waterfront Y/N N
Carport Y/N N
Street Name Grace
Elementary School Fox
Property Attached Y/N N
Year Built Details Renovated
Land Lease Y/N N
Tax Annual Amount 6240.0
Home Warranty Y/N N
Middle/Junior High School Dogwood
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=jfLWeCPzxFr
Days on Market 71
Standard Status Pending
Occupancy Description Tenant
Tax Assessed Value 520000
Ownership Type SoleProprietor
Property Sub Type Additional Triplex
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Interior
Basement CommonBasement Full StorageSpace
Total Stories 3
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Fencing None
Parking Features Assigned
Water Source Public
Lot Size Area 0.0724
Spa N
Lot Size Acres 0.0724
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Matthew Jones

Listing Agent

Samson Companies

Broker

jonesmatr@gmail.com

Email

Affordability Calculator

$5,864
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,344
Monthly Property Taxes
$520
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
243578 Elementary School
4600795 Middle School
Thomas Jefferson High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$765,000 -4.37% Price Down
2/25/2024$799,950 -3.04% Price Down
1/30/2024$825,000 Listed Price

Map


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2711 W Grace Street, Richmond, VA, 23220 is a Multi-Family Home for sale at $765,000 with 2,716 sqft and a lot size of 0.0724. 2711 W Grace Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 23220 which is in Richmond, VA