Address
1016 W Gandy Street, Denison, TX
Price
$ 589,000
Property Attributes
- MLS#20588443
- TypeMulti-Family
- CountyGRAYSON
- CityDenison
- NeighborhoodMillers 1st Add
- Zip75020
- StyleQuadruplex
- Year Built1920
- Taxes$ 9129
- Price$ 589,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms4
- Lot Size7,492 SqFt
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Multi family investment opportunity located in the heart of Denison, TX! One of only a few existing four-plex properties, this features four identical units, two up and two down. This property is stabilized and at full occupancy, ready for you to step in and take over. The interior has undergone a full cosmetic upgrade in recent years including paint, flooring, fixtures and appliances. Other upgrades include a new roof in 2021, all four units have had the HVAC units replaced and two units have had the water heaters replaced. The Landlord includes water, sewer, trash, and lawn care with the rent.
| Elementary School |
|---|
| Terrell Elementary School |
| Price History | |
|---|---|
| 4/15/2024 | Listed $589,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Complex Name | 1016 W Gandy |
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Alley,Asphalt,Cable Available,City Sewer,City Water,Community Mailbox,Individual Gas Meter,Master Water Meter,Natural Gas Available,Overhead Utilities,Sidewalk |
| Possession | Closing/Funding,Lease Outstanding,Subject to Lease |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Electric Range,Gas Water Heater,Microwave |
| School District | Denison ISD |
| Capitalization Rate | 9.10 |
| Year Built | 1920 |
| Tenancy | 9 Months or Less,Month to Month,No Smoking,No Sublease,No Waterbeds,Over 9 Months,Pet Restrictions |
| Levels | Two |
| Unexempt Taxes | 9129 |
| Will Subdivide | No |
| Gross Annual Expenses | 5760.00 |
| Property SubType | Quadruplex |
| Subdivision Name | Millers 1st Add |
| Occupant Type | Tenant |
| County | Grayson |
| Operating Expense Includes | Gardener,Maintenance Grounds,Trash,Water/Sewer |
| Property Type | Residential Income |
| Security Features | Security Lights |
| Construction Materials | Vinyl Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 1 |
| Status | Active |
| Directions | From Morton St head south on HWY 91 then head East on Gandy,Property will be on the South side of road |
| City | Denison |
| Buyer Agent Compensation | 2 |
| Elementary School Name | Terrell |
| High School | Denison |
| Street Name | Gandy |
| Elementary School | Terrell |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20588443 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Cable TV Available |
|---|---|
| Flooring | Carpet,Luxury Vinyl Plank |
| Occupancy Rate | 100 |
| Total Units | 4 |
| Unit Count | 1 |
| Full Baths | 4 |
| Half Baths | 4 |
| Lock Box Type | None |
| Street Suffix | Street |
| Total Bedrooms | 8 |
| Window Features | Window Coverings |
Exterior Features
| Lot Size Source | Public Records |
|---|---|
| Parking Features | Alley Access,Common,Driveway,Gravel,Lighted,No Garage,On Site,On Street,Open,Outside,Parking Pad,Unassigned |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.1720 |
| Number Of Parking Spaces | 10 |
| Lot Size Units | Acres |
| Building Area Total | 4110.00 |
| Lot Size Square Feet | 7492.3200 |
| Lot Size Acres | 0.1720 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 75020
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
