UPDATED:
10/30/2024 05:28 PM
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Sunny Side Subdivision
MLS Listing ID 20688926
Bedrooms 9
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2800
Year Built 1940
Lot Size 6,560 Sqft
Acres 0.1506
Property Description
Seize this outstanding rental income opportunity featuring high income units with solid tenants all on the same property.
This fully rented investment property offers significant income potential and minimal hassle with a single utility meter.
The Property
- Approximately 2,800sq ft
- 9 total bedrooms, 5 bathrooms
- Completly stripped to the studs and renovated in 2022 with new roof, HVAC, plumbing, foundation, electric flooring and more.
Current Rent Income $4,200 per month plus $1,100 for utilities
Total Income per month : $5,300
Total Income per year: $63,600
Expenses:
Property Tax $1,778.65
Insurance $2,302.05
Water $1,992.00
Electric $10,200.00
Internet $1,542.36
Total Expenses $17,815.06
Net Yearly Profit $45,784.94
Location
State TX
County Grayson
Direction Use GPS to 631 Baker st Denison
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Wood
Appliance Dishwasher, Microwave, Convection Oven, Refrigerator
Heat Source Central
Exterior
Utilities Available Other
Roof Type Shingle
Parking Type Driveway
Total Parking Spaces 1
Garage No
Building
Story One
Foundation Pillar/Post/Pier, Slab
Level or Stories One
Structure Type Other
Schools
Elementary Schools Houston
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Ownership 631 Baker St LLC
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