3230 W Grace ST Active

Richmond,VA 23221

$ 1195000

- Bed

0 Bath

3300 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $362

MLS Listing ID 2417176

Style Garden Home

HOA Y/N No

Year Built 1950

Lot Size 6,185 Sqft

Acres 0.142

Property Description

Nestled in the heart of Richmond’s prestigious Museum District, 3230 W Grace Street offers an exceptional living experience. This charming property features six well-appointed 1-bedroom/1-bathroom apartments, each equipped with modern mini-split AC systems and the convenience of onsite laundry facilities. Strategically located at the corner of West Grace and Tilden, residents benefit from ample on-street parking as well as several dedicated off-street parking spaces. The property’s prime location ensures high accessibility to the vibrant Scott’s Addition, known for its plethora of restaurants and cafés, creating a lively and convenient lifestyle. Cultural enthusiasts will appreciate the proximity to two world-class museums, while commuters will find the GRTC Pulse just a few blocks away, providing seamless connectivity throughout the city. With a strong history of high occupancy and low tenant turnover, this property represents a stable and lucrative investment opportunity. The demand for such desirable apartments significantly exceeds supply, promising continuous appreciation in value. As the neighborhood continues to flourish, investing in 3230 W Grace Street guarantees a resilient and rewarding asset.

Location

State VA

County Richmond City

Area 10 - Richmond

Interior

Cooling Central Air

Exterior

Roof Type Flat

Topography Level

Building

Lot Description Level

Building Description Brick, Multi-Tenant,No Elevators

Story 2

Sewer Public Sewer

Water Public

Architectural Style Garden Home

Level or Stories Two

Structure Type Brick

Others

Tax ID W000-1480-035

Ownership ,Investment

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