$425,000
Pending

506 North 3rd Street

Richmond, TX 77469
4 beds | 1 bath | 0.12 acres | #71780587
Type:Multi-Family
Structure:4 Family
Zone:Residential

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.

  • Interior Details
      • Bedrooms4
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot Description0 Up To 1/4 Acre
    • Measurements
      • Acres0.1205
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1982
  • Utilities / Energy Details
      • Utility FeaturesWater Connected
  • Community and Neighborhood Details
      • SubdivisionDechaums Add
    • Location
      • Elementary SchoolPINK ELEMENTARY SCHOOL (LAMAR)
      • High SchoolLAMAR CONSOLIDATED HIGH SCHOOL
      • Middle SchoolLamar Junior High School
      • School District33 - Lamar Consolidated
      • CountyFort Bend
  • Financial Details
      • Taxes Annual$3,424
  • Other
      • MLS #71780587

Location

Tim DuganReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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