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2517 Grove Avenue , Richmond, VA 23220

$1,150,000
  • 2517 Grove Avenue , Richmond, VA 23220 Main Photo

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Featured Listing New to the Market Coming Soon
BEDS0 BATHS SQUARE FEET6,087 MLS#2613836
STATUSComing Soon PROPERTY TYPEMulti Unit - Multiple

Property Description

Remarkable opportunity to own a fully established, turnkey, income-producing multifamily property, in the heart of Richmond's most iconic and enduring neighborhood. This building positioned on one of the most recognizable and sought-after streets in the city consists of Three large 2 bedroom 1 bath apartments and One 1 bedroom 1 bath apartment. Each unit serviced with central air and heat pump systems with individual thermostat controls. The building also offer 4 off street parking spaces. All units are separately metered for electricity, owner provides water. Front porch roof replaced in March 2026. The neighborhood has a very high walkability rating with some of the best restaurants, parks, entertainment and cultural venues/events the city has to offer all with walking distance. The location also benefits from a high quality rental pool that consists of young professionals, VCU and University of Richmond Students. Whether you are an owner occupant, a seasoned investor expanding your portfolio or a first time income property buyer this property delivers character, caliber and consistent performance at a level rarely found in this market. Don't miss this opportunity to own a real gem of a property in one of Richmond's most popular and historically significant neighborhoods. Offers reviewed as received.

2517 Grove Avenue | MLS# 2613836

This multi-family property located at 2517 Grove Avenue , Richmond, VA 23220 is currently listed for sale by Joyner Fine Properties, with an asking price of $1,150,000. Search Richmond real estate on www.joynerfineproperties.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Garage: 4
Home Style: Two Story
Lot Size: 0.16 Acres
Roof Type: Rubber, Shingle, Slate
Stories: 2.0
Taxes: $10,860
Year Built: 1910

Feature Descriptions

Appliances: Electric Water Heater
Community Features: Public Transportation
Exterior: Brick, Drywall, Frame
Fencing: None
Parcel#: W000-1120-004
Parking: Detached, Garage, Off Street
Patio/Porch: Front Porch, Side Porch
Sewer: Public Sewer
Units: 4
Water: Public

Local Schools

High School: Thomas Jefferson
Middle School: Dogwood
Elementary School: Fox

Listed By / Shown By

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Estimated Payment

$ 7,055.44 per month $5,815.03 Principal & Interest $905.00 Property Tax $335.42 Homeowner's Insurance

Change Payment Information

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Virginia Credit Union. Find out exactly how much home you can afford. Please contact: LAURA STEVENS. Office: 804-967-2450, Cell: 804-218-7876, Fax: 804-477-1442, laura.stevens@vacu.org, NMLS: 189613

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