Listing Courtesy of: Destiny Hunt - Epique Realty Llc
$390,000
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631 Baker Street Denison, TX 75020
Other
Residence
9
Beds
4
Baths
2,800
Sq. Ft.
0.15
Acre
Lot
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Rental Income Property with Multiple Units â 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
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MLS#
20688926
Property Type
Other
Bedrooms
9
Bathrooms
4 Full
Year Built
1940
Square Feet
2,800
sq. ft
Lot Size
0.15
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