617 W Gandy Street Active Save Request In-Person Tour Request Virtual Tour
Denison,TX 75020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Millers 1St Add
MLS Listing ID 20716828
Bedrooms 6
Full Baths 5
HOA Y/N None
Total Fin. Sqft 3838
Year Built 1890
Annual Tax Amount $3,658
Lot Size 7,492 Sqft
Acres 0.172
Property Description
Unit 1 is downstairs to the left a Two-bedroom one bathroom unit. Unit 2 downstairs to the right is a one bedroom and one-bathroom. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater. Unit 4 upstairs to the right is a one bedroom one-bathroom unit. 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 4 years old. Owner will finance at 7.5 % interest over 20 years with min 25% downpayment. Monthly payment $2416 add Insurance and Property Tax about $500 PM Income $3500 PM leaves about $500 a month net or a Cap Rate of 8%
Location
State TX
County Grayson
Direction Austin west to Gandy to 617W Gandy (Large Grey House)
Interior
Interior Features Other
Heating Central,Space Heater
Cooling Central Air,Wall/Window Unit(s),Window Unit(s)
Flooring Laminate
Appliance Gas Range,Refrigerator,None
Heat Source Central,Space Heater
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Siding,Vinyl Siding
Schools
Elementary Schools Lamar
High Schools Denison
School District Denison Isd
Others
Ownership DFW Metro Housing