617 W Gandy Street, Denison, TX 75020

Unit 1 is downstairs to the left a Two-bedroom one bathroom unit.    Unit 2 downstairs to the right is a one bedroom and one-bathroom.  Unit 3 upstairs to the left is a 2 bedroom and two-bathroom unit with central air and gas heater.  Unit 4 upstairs to the right is a one bedroom one-bathroom unit. All units have been renovated within the past 4 years All bathrooms have been updated and have showers.  Plumbing and electrical all up to date.  Unit 3 has central air conditioning all other units have window units and space heaters.  All units have current leases.  Front Porch and Foundation have all recently been fully replaced beams and piers with warranty.   Owner, seller is Real Estate broker.  Please note pictures are 1- 2 years old and are just to show the renovation of each unit in the past 4 years.  Roof is about 4 years old.  Owner will finance at 7.5 % interest over 20 years with min 25% downpayment.  Monthly payment $2416 add Insurance and Property Tax about $500 PM Income $3500 PM leaves about $500 a month net or a Cap Rate of 8%