905 Ferry ST Active Save Request In-Person Tour Request Virtual Tour
Richmond,TX 77469
Key Details
Property Type Multi-Family
Sub Type Multiple Detached Dwellings
Listing Status Active
Purchase Type For Sale
Square Footage 1,801 sqft
Price per Sqft $61
Subdivision Dechaums Add
MLS Listing ID 89089689
Bedrooms 1
Full Baths 1
Year Built 1960
Annual Tax Amount $3,702
Tax Year 2023
Lot Size 9,583 Sqft
Property Description
Investment Opportunity in Richmond, TX. The "10th Street Project," a highway construction along the property, is set to begin in the third quarter of 2025. Located in the growing Fort Bend ISD, this area offers strong investment potential for buy-and-hold or rental portfolios.
Two 2-bedroom, 1-bath rental homes on a 9,583 SF lot (0.22 acres), currently occupied with month-to-month leases. Home #1 is 1,009 SF with 2 bedrooms and 1 bathroom, and Home #2 is 792 SF with 2 bedrooms and 1 bathroom. Rental income is $625 for each home per month. Total of $1250 per month.
Location
State TX
County Fort Bend
Area Fort Bend South/Richmond
Interior
Heating Window Unit
Cooling Window Units
Exterior
Roof Type Composition
Building
Lot Description Corner
Story 1
New Construction No
Schools
Elementary Schools Pink Elementary School (Lamar)
Middle Schools Lamar Junior High School
High Schools Lamar Consolidated High School
School District 33 - Lamar Consolidated
Others
Acceptable Financing Cash Sale,Conventional,Investor,Owner Financing
Listing Terms Cash Sale,Conventional,Investor,Owner Financing
Special Listing Condition Tenant Occupied