12 and 12 B Pershing Drive #A new

Denison,TX 75020

$ 199900

5 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Perrin Club Estates

MLS Listing ID 20857634

Bedrooms 5

Full Baths 2

HOA Y/N None

Total Fin. Sqft 2355

Year Built 1945

Annual Tax Amount $3,603

Lot Size 0.334 Acres

Acres 0.334

Property Sub-Type Duplex

Property Description

Great potential with this duplex near Grayson County College, Sherman, Denison and Pottsboro and Lake Texoma just minutes away! Rented now to same tenants for many years so rent is low now but ready to increase if desired. One tenant in 12A just moved out of the 2 bedroom unit, and it is the one that could use a little freshening up while it's vacant for the first time in many years. The 3 bedrooms unit is pretty nice inside with wonderful tenant who would like to stay. These homes were built by the USA military in the mid 1940's and are very solid. Even with deferred maintenance they are still in good shape. Perfect for investors and those looking to start or increase their portfolio. This is a budget price to create some wonderful rental income. The outside needs some wood replaced and repaired but that's a pretty easy fix. Great opportunity to add significant value to this property with a little elbow grease. Also close by is Hagerman National Wildlife Refuge, schools, parks, and public transportation. Don't miss out on this rare find!

Location

State TX

County Grayson

Direction Please use GPS.

Interior

Interior Features Cable TV Available,Eat-in Kitchen,High Speed Internet Available

Heating Central

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Carpet,Ceramic Tile,Wood

Appliance Electric Range,Gas Water Heater,Refrigerator

Heat Source Central

Exterior

Exterior Feature Covered Patio/Porch

Fence Partial,Wood

Utilities Available Asphalt,Cable Available,City Sewer,City Water,Electricity Connected

Roof Type Composition

Garage No

Building

Lot Description Interior Lot

Story One

Foundation Slab

Level or Stories One

Structure Type Wood

Schools

Elementary Schools Percy W Neblett

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Ownership Richard Mashek Family LP

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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