909 West Chestnut Street

Denison, TX 75020

$380,000
Price
Beds
3,460 Sq. Ft.
$110 / Sq. Ft.
3,460
Sq. Ft.
$110
per Sq. Ft.

Description

Tenant occupied - do not visit property without an appointment. Here is an excellent opportunity to purchase an income-producing triplex in Denison. This property features 3 units that can each be accessed independently of one another. Each unit also has separate electric meters and the central HVAC, and there is a spacious parking area at the back of the property. This triplex is within walking distance of historic downtown Denison, and has easy access to US-75.Tenant occupied - do not visit property without an appointment. Here is an excellent opportunity to purchase an income-producing triplex in Denison. This property features 3 units that can each be accessed independently of one another. Each unit also has separate electric meters and the central HVAC, and there is a spacious parking area at the back of the property. This triplex is within walking distance of historic downtown Denison, and has easy access to US-75.
  1. Listed by Noel Cobb • TREC #0742652 • Easy Life Realty • 903-224-5171

Property Details for 909 West Chestnut Street

Subdivision Name
Millers 2nd Add
Pool
No
Garage Spaces
0
Number Of Parking Spaces
8
Lot Size Dimensions
105 x 120

Location

Listing Courtesy of Easy Life Realty, Noel Cobb
Add your commute
LISTING UPDATED: 03/07/2024 03:41 PM

Property Details for 909 West Chestnut Street

StatusActive
MLS #20418130
Days on Market239
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1920
Lot Size0.29 AC / 12,588 SF
CountyGrayson County

Location

Listing Courtesy of Easy Life Realty, Noel Cobb
Add your commute

Building Information for 909 West Chestnut Street

Stories2Residences3Year Built1920Building Size-Lot Size0.29 AC / 12,588 SF

Payment Calculator

$2,429 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,074

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 909 West Chestnut Street

Summary
Location and General Information
  • Block: 61
  • Complex Name: Chestnut Street Triplex
  • Directions: From US-75 north, take exit 68 and turn right onto Crawford Street. Go straight for 2 miles, then take a left onto Tone Ave, and a right onto Chestnut Street. The property will be on your left, sign in yard.
  • Elementary School: Houston
  • Elementary School Name: Houston
  • High School: Denison
  • High School Name: Denison
  • Intermediate School: Mcdaniel
  • Middle School: Henry Scott
  • Year Built Details: Preowned
  • School District: Denison ISD
  • Geocode Confidence: High
  • Latitude: 33.76
  • Longitude: -96.55
  • State: Texas
Parking
  • Parking Features: Gravel, Parking Lot
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
Taxes and HOA Information
  • Tax Legal Description: MILLERS 2ND ADDN, BLOCK 61, LOT 25 26 27 E 15
  • Association Type: None
  • Tax Lot: 25
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central, Electric, Other
  • Interior Features: Built-in Features
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Basement: No
  • Cooling: Central Air, Electric, Window Unit(s)
  • Living Area: 3460.0
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Appraiser
  • Construction Materials: Siding
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 2
  • Roof: Asphalt
  • Number Of Units Total: 3
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water, Co-op Electric
Property and Assessments
  • Exclusions: Tenant's personal property
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.289
  • Lot Size Area: 0.289
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 12588.84
  • Multi Parcel ID: No
  • Parcel Number: 143718
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 7.59%
  • Gross Annual Expenses: $4,150
  • Gross Annual Income: $39,540
  • Insurance Expense: $2,295
  • Total Annual Expenses Include: Insurance, Maintenance, Water/Sewer
  • Net Operation Income: $28,837.00
Unit 1
  • Approximate SQFT: 1497.0
  • Average Lease Amount: $1,195.00
  • Living Area Length: 0.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1105.0
  • Average Lease Amount: $1,250.00
  • Living Area Length: 0.0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 858.0
  • Average Lease Amount: $850.00
  • Living Area Length: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 909 West Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 909 West Chestnut Street

Taxable ValueLand$48,762Additions$133,340Total$182,102
Tax Record2022$4,256 ($355 / month)
Home Facts
Total Finished SqFt3,330 SqFtAbove Grade Finished SqFt3,330 SqFtLot Size12,602 SqFtStyleDuplexYear Built1920CountyGRAYSONAPND017 3117660

Schools near 909 West Chestnut Street

This home is within Denison Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Houston Elementary School
PublicPK to 4

Henry Scott Middle
Public7 to 8

Denison High School
Public9 to 12

Pathways High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

909 West Chestnut Street is a multi-family home for sale in Denison, TX 75020. This property was listed for sale on September 11, 2023 by Easy Life Realty, it's currently listed at $380,000. This listing's school district is Denison Independent School District. Nearby schools include Houston Elementary School, Henry Scott Middle and Denison High School. 909 West Chestnut Street is a 0-bed, 0-bath, 3,460 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Easy Life Realty, Noel Cobb

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/07/2024 03:41 PM