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$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

NTREIS #20688926

Price change
$370,000
-5.13%
09/09/2024
NTREIS

NTREIS #20688926

Price change
$390,000
-2.5%
08/12/2024
NTREIS

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

NTREIS logo

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