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$50,000

Est. payment - /mo

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4 Beds

3 Baths

9,016 Sqft Lot

New

625 Denison Street #A Gainesville, TX 76240

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Stevonna Johnson

stevonnasoldit@gmail.com +1(682) 233-1483

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Scott Add

MLS Listing ID 21065194

Bedrooms 4

Full Baths 3

HOA Y/N None

Total Fin. Sqft 1805

Year Built 1920

Annual Tax Amount $1,909

Lot Size 9,016 Sqft

Acres 0.207

Property Sub-Type Duplex

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

Interior

Interior Features Eat-in Kitchen

Heating Fireplace(s)

Cooling Wall/Window Unit(s)

Flooring Laminate, Linoleum, Vinyl

Fireplaces Number 1

Fireplaces Type Brick, Wood Burning

Appliance Electric Range, Electric Water Heater

Heat Source Fireplace(s)

Exterior

Utilities Available City Sewer, City Water

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Few Trees, Level, Lrg. Backyard Grass

Story One

Foundation Pillar/Post/Pier

Level or Stories One

Structure Type Board & Batten Siding,Rock/Stone,Tilt Wall,Wood

Schools

Elementary Schools Edison

High Schools Gainesvill

School District Gainesville Isd

Others

Ownership See Tax

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21065194

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Scott Wandell • EXP REALTY

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Stevonna Johnson

Agent | License ID: 799528

+1(682) 233-1483

625 Denison Street #A Gainesville, TX 76240

Stevonna Johnson

Key Details

Location

Interior

Exterior

Building

Schools

Others

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625 Denison Street #A