617 W Gandy Street
$400,000
Description
617 W Gandy Street,
Denison,
TX
75020
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%
This is an Active listing.
Broker Office Phone Number: 972-625-2612
Copyright © 2024North Texas Real Estate Information Systems, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Refrigerator
- Laminate Flooring
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
Listing By: DFW Metro Housing via Data Source: North Texas Real Estate Information Systems, Inc.
Price History
| date | price | variance | type |
|---|
| 11/5/2024 | $400,000 | 5.88 % | decreased |
| 9/25/2024 | $425,000 | 5.56 % | decreased |
| 8/30/2024 | $450,000 | - | Listed |
listing agent: Colin Rosenthal
