Richmond, TX 77469,905 Ferry ST
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Richmond, TX 77469,905 Ferry ST
Richmond, TX 77469,905 Ferry ST
Richmond, TX 77469,905 Ferry ST
Richmond, TX 77469,905 Ferry ST
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$ 110,000
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905 Ferry ST Richmond, TX 77469

1 Bed

1 Bath

1,801 SqFt


UPDATED:

12/16/2024 03:56 PM

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Pending

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

Lot Size Range 0 Up To 1/4 Acre

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

Senior Community No

Restrictions Unknown

Tax ID 2715-00-044-0002-901

Acceptable Financing Cash Sale, Conventional, Investor, Owner Financing

Tax Rate 2.2381

Disclosures Tenant Occupied

Listing Terms Cash Sale, Conventional, Investor, Owner Financing

Financing Cash Sale,Conventional,Investor,Owner Financing

Special Listing Condition Tenant Occupied


Houston Association of Realtors (HAR MLS)
Listed by The Virtual Realty Group • Heather Creighton

American Real Estate

Your American Family

+1(409) 203-4550

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905 Ferry ST