$399,000

617 W Gandy Street, Denison, TX 75020

  • 6 beds |
  • 5 baths |
  • 3,838 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon7,492sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit $1000 PM. Unit 2 downstairs to the right is a one bedroom and one-bathroom $850 PM. Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater $1100 PM. Unit 4 upstairs to the right is a one bedroom one-bathroom unit $850 PM. All units have been renovated within the past 4 years All bathrooms have been updated and have showers. Plumbing and electrical all up to date. Unit 3 has central air conditioning all other units have window units and space heaters. All units have current leases. Front Porch and Foundation have all recently been fully replaced beams and piers with warranty. Owner, seller is Real Estate broker. Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years. Roof is about 6 years old. Owner will finance at 8.5 % interest over 30 years with min 25% downpayment. Monthly payment $2306 + Insurance $250 PM + Property Tax = $3025 Per month payment Total income is $3800 per month leaves a net income of about $775 a month net or a Cap Rate of 7.75%

Listing Status:
Active
Data Last Updated:
April 30, 2026 at 7:18AM
Listing Office:
DFW Metro Housing : 972-625-2612
Listing Agent:
Colin Rosenthal :
MLS ID:
21227047
  • General: Other
  • Appliances: Gas RangeRefrigerator
  • Flooring: Laminate
  • A/C: Central AirWindow Unit(s)WallWindow Unit(s)
  • Heating: CentralSpace Heater
  • Fireplace: Fireplaces: 0
  • Pool: None
  • Parking: CommonOn StreetParking spaces: 4
  • Roofing: Composition
  • General: Vinyl Siding2Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Denison ISD
  • County: Grayson
  • Zoning: MILLERS 1ST ADDNBLOCK 10LOT 10ACRES .17142943
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Colin Rosenthal , DFW Metro Housing

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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