909 W Chestnut St, Denison, TX 75020

$299,000

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List Price
$299,000
MLS#
21283331
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1920
Construction Status
Preowned
Acres
0.29
County
Grayson
City
Denison
Subdivision
Millers 2nd Add
Building Name
Chestnut Triplex

Property Description

Investment opportunities like this Triplex, with immediate income potential and long-term upside are becoming increasingly difficult to find, especially this close to the revitalization of Historic Downtown Denison. Welcome to 909 & 913 W. Chestnut, a well-maintained triplex offering the ideal combination of current rental income, recent updates, and future investment potential. Designed with both investors and owner-occupants in mind, this property features three private units, each with its own entrance for added privacy and tenant appeal. Two of the units are currently leased, providing immediate rental income from day one, while the newly renovated upper unit is vacant and ready for its next tenant or could serve as the perfect opportunity for an owner to live on-site while offsetting expenses with rental income. Each unit is individually metered for electricity, making utility management more efficient and simplifying tenant billing. The property's location adds even greater value, placing residents just minutes from Historic Downtown Denison, where locally owned restaurants, boutique shopping, coffee shops, entertainment, and year-round community events continue to attract both visitors and long-term residents. Whether you're expanding your real estate portfolio, purchasing your first multifamily investment, or searching for a property that offers flexibility and appreciation potential, this triplex delivers an exceptional opportunity in one of North Texas' growing communities. With existing rental income, a move-in-ready vacant unit, and a location that continues to benefit from Denison's ongoing growth and revitalization, this is the type of investment savvy buyers watch for. Schedule your private showing today and discover the possibilities this exceptional property has to offer. *Buyer and buyer's agent should independently verify all information, including schools, measurements, taxes, restrictions, and property details.*

Additional Information

Unexempt Taxes
$5,531
Lot Size
12,588
Acres
0.29
Interior Features
High Speed Internet
Flooring
Carpet, Laminate
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Additional Parking, On Site, Parking Lot
School District
Denison Isd
Elementary School
Houston
Middle School
Henry Scott, Mcdaniel
High School
Denison
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Jency McGinley from Keller Williams NO. Collin Cty. Contact: 972-562-8883