625 Denison Street #A new Save Request In-Person Tour Request Virtual Tour
Gainesville,TX 76240
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,805 sqft
Price per Sqft $27
Subdivision Scott Add
MLS Listing ID 21059935
Bedrooms 4
Full Baths 3
HOA Y/N None
Year Built 1920
Annual Tax Amount $1,909
Lot Size 9,016 Sqft
Acres 0.207
Property Sub-Type Single Family Residence
Property Description
Attention investors and visionaries!!!! Opportunities like this rarely hit the market. Waiting for the right buyer with the knowledge, skill, and creativity to bring it back to life. The home requires extensive repairs, it already offers a rare multi-unit setup that can generate strong rental income once restored. The main house has been converted into a duplex with two separate units. Side A features 3 bedrooms and 1 bath, offering space for a family rental, while Side B includes 1 bedroom and 1 bath ideal for a single tenant. Both sides of the duplex have private entrances, making them appealing to renters once renovations are complete. Behind the main home is a separate structure with plumbing and electrical installed. With finish-out, this could serve as a third rental unit— Three income streams on one property. Investors will see their portfolio increase the potential for steady cash flow is undeniable. Properties like this are rare in the Gainesville market, especially with the groundwork already in place for multiple rental units. With the right updates—new systems, cosmetic improvements, and a smart floor plan—this could be transformed into a turnkey investment. Imagine the rental income from three doors under one roofline, or renovate and resell to another investor looking for a multi-family opportunity. For seasoned flippers, this is the kind of project that pays off. For landlords, it's a chance to build long-term equity and cash flow in a growing rental market. Tenants will appreciate easy access while you benefit from strong demand. If you're looking for a property with high upside and the bones of a long-term moneymaker. Bring your contractor, bring your vision this one pencils out. Lower listed price is to Garner the attention for multiple offers and seller will be presented with all offers for the final decision.
Location
State TX
County Cooke
Direction Follow GPS
Rooms
Dining Room 2
Interior
Interior Features Eat-in Kitchen
Flooring Laminate,Vinyl
Fireplaces Number 1
Fireplaces Type Brick,Wood Burning
Appliance Electric Range,Electric Water Heater
Laundry Electric Dryer Hookup,Full Size W/D Area
Exterior
Utilities Available City Sewer,City Water
Roof Type Shingle
Garage No
Building
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Schools
Elementary Schools Edison
High Schools Gainesvill
School District Gainesville Isd
Others
Ownership corporate see tax
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21059935