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625 Denison Street A, Gainesville, TX 76240

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For Sale

$50,000

4 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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.
MLS# 21065194

Courtesy Of eXp Realty, LLC, Listed By Scott Wandell

(888) 519-7431

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range
  • Architecture Style
    Other
  • Exterior Type
    Stone
  • Fireplace
    Fireplace
  • Floor Covering
    Laminate, Linoleum, Vinyl
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 625 Denison Street A, Gainesville, TX 76240

Home seller CENTURY 21 DEAN GILBERT, REALTORS®

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DEAN GILBERT, REALTORS®

(903) 893-5188
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.