Gainesville, TX 76240,625 Denison Street #A
Gainesville, TX 76240,625 Denison Street #A
Gainesville, TX 76240,625 Denison Street #A
38
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$50,000
Est. payment /mo
4 Beds
3 Baths
1,805 SqFt
New

625 Denison Street #A Gainesville, TX 76240

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,805 sqft

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


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Scott Wandell • EXP REALTY

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Kristin Harris

Kristin Harris

Founding Broker & Realtor® | License ID: 0658327

+1(919) 630-4625

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625 Denison Street #A