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905 Ferry StreetRichmond, 77469
$110,000
Listed 37 daysHome Summary
Two rental homes on a large lot, perfect for investment in a growing area.
1,801 sqft
1 bed
9,583 sqft lot
built in 1960
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Property Type: Residential, Detached
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.
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Lot & Location: Corner Lot
MLS #356590711The Virtual Realty Group