617 W GANDY STREET, DENISON, TX 75020
Homes for sale in Denison.
Homes for sale in 75020.
List Price$399,000
617 W Gandy Street
Denison, TX 75020
Listing #21227047
6
Bedrooms
5 full
Bathrooms
3,838
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%
Property Features
Location Information
County
Grayson
Subdivision
Millers 1st Add
Interior Features
Interior
Other
Cooling
Central Air, Window Unit(s), WallWindow Unit(s)
Full Baths
5
Floors
Laminate
Has Fireplace
No
Appliances
Gas Range, Refrigerator
Number of Fireplaces
0
Total Number of Units
4
Heating
Central, Space Heater
Exterior Features
Stories
2
Garage Spaces
0
Construction
Vinyl Siding
Pool Description
None
Foundation
Pillar/Post/Pier
Lot Size in Acres
0.172
Roof
Composition
Lot Size in Sq. Ft.
7,492
Utilities
Sewer Available, Water Available
Buildings
1
Security System
Carbon Monoxide Detector(s), Smoke Detector(s)
Building Total Area (Sq. Ft.)
3,838
Parking Description
Common, On Street
Is One Story
No
School
Elementary School District
Denison ISD
Jr. High School
Mcdaniel
Elementary School
Lamar
High School
Denison
Additional Information
Year Built Details
Preowned
Status
Pending
Property Type
RI
Has a Home Owners Association
No
Property SubType
Quadruplex
Tax Annual Amount
3658.0
Year Built
1890
Similar Listings
Mortgage Calculator
$1,862
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,437
Monthly Tax
$332
Monthly Insurance
$93
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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