631 Baker Street Denison, TX 75020
Description
20688926
6,560 SQFT
Multifamily
1940
Denison Isd
Grayson County
Listed By
NTREIS
Last checked Nov 1 2024 at 8:24 AM GMT+0000
- Full Bathrooms: 4
- Refrigerator
- Convection Oven
- Microwave
- Dishwasher
- Other
- Sunny Side Subdivision
- Foundation: Slab
- Foundation: Pillar/Post/Pier
- Central
- Central Air
- Wood
- Roof: Shingle
- Utilities: Other
- Elementary School: Houston
- Driveway
Listing Price History
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
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