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Sold for $640,000 on 03/29/24
  • $640,000

    2000 W Grace St, Richmond, VA 23220

    4beds
    4baths
    3,420sqft
    Condominium, Multi Family
    Built in 1910
    -- sqft lot
    $890,800 Zestimate®
    $187/sqft
    $3,695 Estimated rent

    What's special

    Exceptional Investment Opportunity in the Fan! A rare chance for savvy investors to acquire a fully rented six-unit apartment building in the W Grace street historic district. Each unit has one bedroom, one bath, with individual fridges, oven/stoves, and AC window units. Tenants benefit from separate electric meters. The owner covers water, sewer, trash, and gas (including radiant heat & hot water), ensuring ease of maintenance. The building includes a shared washer/dryer in the hallway, adding convenience for residents. Perfectly located at the corner of Grace and Meadow, this property is in high demand due to its proximity to VCU/MCV as well as being in walking distance to all things “Fan." Its strategic position ensures a steady income stream. Easy to rent and manage, it's an ideal opportunity for investors seeking a profitable and straightforward venture in a lively neighborhood.

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2025 at 12:50pm

    Listed by:

    Chris Small 804-350-0879,

    Small & Associates

    Bought with:

    Christy Bowman, 0225241207

    Harris & Assoc, Inc

    Source: CVRMLS,MLS#: 2400543MLS LogoOriginating MLS: Central Virginia Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Features
    • Ceiling Fan(s), High Ceilings
    • Basement: Dirt Floor
    • Attic: None
    Interior area
    • Total interior livable area: 3,420 sqft

    Property

    Features
    • Patio & porch: Front Porch
    • Fencing: Back Yard,Fenced
    Lot
    • Size: 3,497 sqft
    Details
    • Parcel number: W0000911030
    • Zoning description: R-48

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian,Low Rise
    • Property subtype: Condominium, Multi Family
    Materials
    • Brick
    • Roof: Slate
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Richmond
    • Subdivision: None

    Other

    Other facts
    • Ownership: Individuals
    • Ownership type: Sole Proprietor
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $890,800

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $890,800