Wayne Gauthier andAustin Gauthier
BEDS0
BATHS
SQUARE FEET5,703
MLS#2615451
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
2034 W. Grace Street | Fully-Leased Fan District Duplex | Richmond, VA Own a fully rented, cash-flowing duplex on the top block of the historic West Grace Street Historic District - one of the Fan's most walkable locations. This 1908 two-family gem is 100% leased, generating approximately $58,000 in gross annual income - with tenants paying ALL utilities. That's stabilized income from day one, with none of the utility-management headaches. Here's what makes this Richmond investment stand out: two HUGE and spacious 4-bedroom, 2-bath apartments spread across roughly 5,000 square feet on a 4,445-square-foot lot, plus the rare bonus of off-street parking in a neighborhood where parking is at a premium. Each unit offers generous formal and informal living space, separate dining areas, in-unit laundry, private balcony access, and extra storage - the kind of layout tenants want and renew for. Fresh upgrades are already done: interior and exterior paint, updated lighting, professional landscaping, pressure washing, and detailed cleaning. Move-in ready income, no deferred maintenance to inherit. Location seals the deal - a 97/100 Walk Score puts you steps from VCU, downtown Richmond, museums, and the Fan's best restaurants and shops - right aroudn the corner from Whole Foods - all within a protected historic district. Properties like this, fully leased with strong numbers, off-street parking, and historic pedigree, don't sit on the market long. Scale, stabilized income, off-street parking, and historic character on Richmond's most in-demand block - schedule your showing today before this one is gone.
Property Features
Property Type: Multi Unit - Multiple
Garage: 3
Home Style: Colonial, Two Story
Lot Size: 0.10 Acres
Roof Type: Metal, Other, Rubber
Stories: 2.0
Taxes: $9,456
Year Built: 1908
Amenities
Bay Window
Granite Counters
Feature Descriptions
Days on Site: 81
Exterior: Brick, Drywall, Mixed, Plaster
Lot Dimensions: 31.75X140
Parcel#: W000-0911-047
Parking: Assigned, No Garage, Off Street, On Street
Sewer: Public Sewer
Special View Info: City
Units: 2
Water: Public
Local Schools
High School: Thomas Jefferson
Middle School: Dogwood
Elementary School: Fox
Listed By / Shown By
Listed By
Agency Name: PARK 27
Shown By
Agent Name: Wayne Gauthier and Austin Gauthier
Agent Phone: (804) 372-0591
Agency Title: Joyner Fine Properties
Estimate Your Payment
Estimated Payment
$ 6,130.33 per month $5,050.98 Principal & Interest $788.00 Property Tax $291.35 Homeowner's InsuranceChange Payment Information
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2034 W Grace Street | MLS# 2615451
This multi-family property located at 2034 W Grace Street, Richmond, VA 23220 is currently listed for sale with an asking price of $998,900. Search Richmond real estate on www.richmondhomestoday.com today.