1609 W Grace St, Richmond, Virginia
1609 W Grace St, Richmond, Virginia 23220 - Great big, solid classic 3 Story Row house currently leased as 2 unit income property with great rents and potential for more. Strong rental history with it's proximity near VCU and Fan restaurants and shopping. Front unit is 5 Bedrooms, living room, huge kitchen and 2.5 baths over three floors of space. Rear unit is 2 upstairs bedrooms and 1 full bath above a 1st floor open living/kitchen floor plan. Some off street parking, shaded and fenced back yard and classic front porch. Tenants pay all utilities but 100$ which landlord pays toward water bill. Any amount above $100.00 tenants pay. Wonderful block with many owner occupied homes. This is an amazing investment property but home could easily be transitioned back to a single family or a single family with rear unit rental. Each individually metered unit has washer & dryer, which convey along with all other appliances. New HVAC, New roof on 2nd half of duplex, all new bathrooms, newer kitchen in front unit with center island, newer appliances, new gravel back yard, convenient off street parking in back. Stable turnkey investment property.
Listing Courtesy of Keller Williams Midlothian