$1,195,000
3230 W Grace ST Richmond, VA 23221
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$1,195,000
Est. payment /mo
3,300 SqFt
Price Dropped by $35K
3230 W Grace ST Richmond, VA 23221
UPDATED:
10/07/2024 07:28 PM
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
Listed by One South Commercial LLC
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