3230 W Grace Street, Richmond, VA 23221

$1,195,000
List Price
$1,195,000
Price Change
▼ $35,000 1727389165
Days on Market
103
MLS#
CVR-2417176
Status
ACTIVE
Type
Commercial
Style
Garden Home
Year Built
1950
County
Richmond City
Region
10 - Richmond

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.

Additional Information

Acres
0.14
Roof
Flat
Cooling
Central Air

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of One South Commercial LLC.

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