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1231 W Morton Street Denison, TX 75020
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 13,920 sqft
Price per Sqft $71
Subdivision Millers 2Nd Add
MLS Listing ID 14318434
Sold Date 07/30/20
Bedrooms 24
Full Baths 12
Half Baths 2
HOA Y/N None
Total Fin. Sqft 13920
Year Built 1955
Annual Tax Amount $11,265
Lot Size 1.370 Acres
Acres 1.37
Property Description
Price improved on Lucrative investment opportunity in Denison, TX. Six duplexes, 12 units, 100 percent occupied. Two units updated with high end finishes, granite, hardwood, stainless appliances, windows, HVAC, detached 2-car garage. Remaining 10 units include recent upgrades and repairs, hardwood, ample parking and tenant paid utilities. Room for value add presents greater rental upside with full rehab. Bonus value-add feature includes short-term rental (AirBNB) income with convenient proximity to Denison and Lake Texoma visitors. Great addition to your investment portfolio.
Location
State TX
County Grayson
Direction From 75 North, turn right on Morton St, property located on the left.
Interior
Interior Features Cable TV Available, Decorative Lighting, High Speed Internet Available
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Flooring Ceramic Tile, Laminate, Wood
Appliance Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Refrigerator, Washer, Gas Water Heater
Heat Source Central, Natural Gas
Exterior
Exterior Feature Covered Patio/Porch
Fence None
Utilities Available Alley, Asphalt, City Sewer, City Water
Roof Type Composition
Total Parking Spaces 24
Garage Yes
Building
Lot Description Corner Lot, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass
Story Two
Foundation Pillar/Post/Pier
Structure Type Brick,Siding
Schools
Elementary Schools Terrell
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Ownership Rebel Property Solutions and
Acceptable Financing Other
Listing Terms Other
Financing Conventional
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Bought with Prasanthi Morusupalli • Powerstar Realty