506 North 3rd ST Pending

Richmond,TX 77469

$ 425000

4 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Subdivision Dechaums Add

MLS Listing ID 71780587

Bedrooms 4

Full Baths 1

Year Built 1982

Annual Tax Amount $3,424

Tax Year 2023

Lot Size 5,250 Sqft

Property Description

Discover a solid investment in the heart of Richmond with this well-maintained four-plex, 3 units featuring 2 bedrooms and 1 bath/ 1 unit features 1 bedroom and 1 bath. The property boasts modern tile flooring throughout, ensuring easy upkeep and a contemporary feel. Recently replaced roof (4 years) and newly installed windows ( 1 year) , newly painted front-facing exteriors ( 1 month), newly striped parking lot (1 month). Property has never flooded. 2 a/c units were replaced in 2021.
With all units currently occupied, this income-generating gem offers immediate cash flow. Residents benefit from dedicated parking, enhancing convenience and appeal. Don’t miss this opportunity to add a reliable and attractive asset to your portfolio! It's walking distance to scenic Wessendorff Park and historic Downtown Richmond. The shed is not located on the property line and will not be included with the sale of the property.

Location

State TX

County Fort Bend

Area Fort Bend South/Richmond

Interior

Heating Central Electric

Cooling Central Electric

Flooring Tile

Exterior

Utilities Available Water

Roof Type Composition

Building

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,FHA,VA

Listing Terms Cash Sale,Conventional,FHA,VA

Special Listing Condition Sellers Disclosure,Tenant Occupied

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