406 W Morgan St, Denison, TX 75020

$199,000
3,640
SqFt

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List Price
$199,000
MLS#
21394114
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1980
Construction Status
Preowned
Acres
0.34
Living Area
3,640
County
Grayson
City
Denison
Subdivision
OTP Denison
Building Name
406 W Morgan

Property Description

Investor opportunity at 406 W Morgan Street in Denison! Offered AS-IS, with the existing building taken down to the studs for a four-unit residential conversion. Seller reports that the full architectural plan set and required permits are approved, with the project ready to begin renovation. Bring your contractor and execute the approved plans, or ask about an introduction to the contractor who has provided an approximately $250,000 proposal to complete the conversion. Construction is NOT included in the purchase price, and use of the seller's contractor is optional. Buyer to independently confirm contractor scope, pricing and availability, permit validity and transfer requirements, zoning, dimensions, and all requirements for completion and occupancy. This is an unfinished renovation project, not a completed or currently rentable fourplex. Any images identified as conceptual renderings show proposed improvements, not current condition; final finishes may vary.

Additional Information

Unexempt Taxes
$3,862
Lot Size
14,984
Acres
0.34
Interior Features
Other
Flooring
Other
Foundation
Slab
Roof
Metal
Stories
1
Pool Features
None
Parking Garage
Driveway
School District
Denison Isd
Middle School
Henry Scott, Mcdaniel
High School
Denison
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Nir Sheinbein from Texas Ally Real Estate Group. Contact: 858-539-5219

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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