506 North 3rd Street
$425,000
4
1
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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...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.
- Listed by Valerie Diaz • TREC #0474051 • Keller Williams Realty Southwest
Property Details for 506 North 3rd Street
Area
30
Geo Market AreaFort Bend South/Richmond
SubdivisionDechaums Add
School District33 - Lamar Consolidated
Cool SystemCentral Electric
LISTING UPDATED: 01/06/2025 09:27 AM
Property Details for 506 North 3rd Street
Status | Active |
---|---|
MLS # | 71780587 |
Days on Market | 74 |
Taxes | $3,424 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fourplex |
Year Built | 1982 |
Lot Size | 0.12 AC / 5,250 SF |
County | Fort Bend County |
Building Information for 506 North 3rd Street
Stories1Residences4Year Built1982Building Size-Lot Size0.12 AC / 5,250 SF
Property Information for 506 North 3rd Street
Property History for 506 North 3rd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 506 North 3rd Street
Taxable ValueLand$5,460Additions$147,540Total$153,000
Tax Record2023$3,424 ($285 / month)
Home Facts
Total Finished SqFt2,728 SqFtAbove Grade Finished SqFt2,728 SqFtLot Size5,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1982Year Renovated1997CountyFORT BENDAPN2715-00-008-0035-901
Schools near 506 North 3rd Street
This home is within Lamar Consolidated Independent School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 8 to 12 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
T L Pink Elementary School PublicPK to 5 | ||
Lamar J High School Public6 to 8 | ||
Lamar Cons High School Public8 to 12 | ||
Alternative Learning Center Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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