$370,000
- Beds
- 9
- Baths
- 4.0
- sq ft
- 2,800
631 Baker St, Denison, TX 75020
631 Baker St
Denison, TX 75020
- 84 days on market
- Price drop $20,000↓
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
Details
Property type
Lot size
6,560 sq ft
Price per sq ft
$133
Year built
1940
Price History
10/15/2024
NTREIS #20688926
Price change
$370,000
-5.13%
09/09/2024
NTREIS #20688926
Price change
$390,000
-2.5%
08/12/2024
NTREIS #20688926
Listed
$400,000
Schools & Community
Elementary school:
Houston
Middle school:
Henry Scott
High school:
Denison
School district:
Denison ISD
Status: Active
Tomo last checked: 11/05/2024 at 8:00 AM
Listing updated: 10/30/2024 at 11:32 AM
Listed by: Destiny Hunt, Epique Realty LLC Phone #: (512) 387-0722
MLS: NTREIS #20688926
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