631 Baker Street Denison, TX 75020
Listing Courtesy of: NTREIS / Century 21 Judge Fite Company / Destiny Hunt

  631 Baker Street Denison, TX 75020

Active (103 Days)
$370,000
9
BED
4
BATH
2,800
SQFT

Description

Rental Income Property with Multiple Units – Ideal for Conventional or Cash Buyers - ALL UNITS CURRENTLY RENTED
Seize this outstanding rental income opportunity featuring high income units with solid tenants all on the same property.
This fully rented investment property offers significant income potential and minimal hassle with a single utility meter.
The Property
- Approximately 2,800sq ft
- 9 total bedrooms, 5 bathrooms
- Completly stripped to the studs and renovated in 2022 with new roof, HVAC, plumbing, foundation, electric flooring and more.
Current Rent Income $4,200 per month plus $1,100 for utilities
Total Income per month : $5,300
Total Income per year: $63,600
Expenses:
Property Tax $1,778.65
Insurance $2,302.05
Water $1,992.00
Electric $10,200.00
Internet $1,542.36
Total Expenses $17,815.06
Net Yearly Profit $45,784.94

MLS #:
20688926
Lot Size
6,560 SQFT
Type
Multifamily
Year Built
1940
School District
Denison Isd
County
Grayson County

Listed By

Destiny Hunt, Century 21 Judge Fite Company
Source
NTREIS
Last checked Nov 10 2024 at 11:21 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Refrigerator
  • Convection Oven
  • Microwave
  • Dishwasher
  • Other
Subdivision
  • Sunny Side Subdivision
Property Features
  • Foundation: Slab
  • Foundation: Pillar/Post/Pier
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Wood
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Other
School Information
  • Elementary School: Houston
Parking
  • Driveway
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 15, 2024
Price Changed
$370,000
-5%
-20,000
Sep 09, 2024
Price Changed
$390,000
-3%
-10,000
Jul 30, 2024
Original Price
$400,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Judge Fite Company and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 North Texas Real Estate Information System (NTREIS). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/10/24 15:21