909 & 913 W Chestnut Street, Denison, Texas 75020

$399,000
3,460
SqFt
List Price
$399,000
MLS#
20418130
Status
ACTIVE
Type
Multifamily
Year Built
1920
Construction Status
Preowned
Acres
0.29
Living Area
3,460
County
Grayson
City
Denison
Subdivision
Millers 2nd Add
Building Name
Chestnut Street Triplex

Property Description

Here is an excellent opportunity to purchase an income-producing triplex in Denison. This property features 3 units which all currently have tenants in place. Each unit also has separate electric meters and the central HVAC, and there is a spacious parking area at the back of the property. This triplex is within walking distance of historic downtown Denison, and has easy access to US-75.

Additional Information

Unexempt Taxes
$4,256
HOA
No HOA
Annual Insurance
2295
Total Annual Expenses
Insurance, Maintenance, Water/Sewer
Gross Annual Expenses
4150
Gross Annual Income
39540
Lot Dimensions
105 x 120
Lot Size
12,588
Acres
0.29
Subdivided
No
Interior Features
Built-in Features
Flooring
Luxury Vinyl Plank
Foundation
Pillar/Post/Pier
Roof
Asphalt
Stories
2
Street Utilities
City Sewer, City Water, Co-op Electric
Heating Cooling
Central, Electric, Other
Construction Material
Siding
Parking Garage
Gravel, Parking Lot
Total Num Parking
8
School District
Denison Isd
Elementary School
Houston
Middle School
Henry Scott
High School
Denison
Possession
Lease Outstanding
Building Sq. Ft.
3460
Number of bldgs.
1
Number of units
3
Occupancy Rate
100
Possession
Lease Outstanding
Cap Rate
7.23

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Noel Cobb from Easy Life Realty. Contact: 903-224-5171