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1103 S Armstrong Avenue

Denison, TX 75020
  • $1,049,999
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 20276039
UPDATED: 61 min ago
$1,049,999
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Nir Sheinbein of Central Metro Realty: 512-249-7368.

Description

Seller is offering $700,000 in seller financing for 6% for 1 year.Old Motel converted to Multi Family home with 19 units. Potential Cap rate to reach 11%

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-09T10:44:28.953.
www.exitelitedfw.com/homes/137574709
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1103 S Armstrong Avenue Denison, TX 75020

  • Price: $1,049,999
  • Status: Active
  • On Site: 91 Days
  • Updated: 61 min ago
  • MLS #: 20276039
0
Beds
0
Baths
0
½ Baths
0.69
Acres
1950
Built
Neighborhood:
Dumas J P Add
County:
Grayson
Area:
Denison
Elementary School:
Goldenrule
High School:
Denison
School District:
DENISON ISD
Property Description
Seller is offering $700,000 in seller financing for 6% for 1 year.Old Motel converted to Multi Family home with 19 units. Potential Cap rate to reach 11%
Exterior Features

Construction Stucco Foundation Pillar/Post/PierSlab Parking Or Garage Assigned Parking Spaces 25 Pool On Property No Roof AsphaltComposition

Interior Features

Accessibility Features Accessible Approach With Ramp Appliances None Cooling Wall Unit(S)Wall/Window Unit(S) Handicap YN Yes Heating Gas JetsNatural Gas Interior Features Eat-In Kitchen

Property Features

Building Area Source Public Records Building Area Total 5786.00 Complex Name Las Casitas Construction Status Preowned Gross Annual Expenses 55134.65 Gross Annual Income 126522.00 HOA None Insurance Expense 5000 Intermediate School Name Mcdaniel Levels Multi/Split List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 71387 Possession Closing/Funding Property Type Multi Family Unexempt Taxes 8867 Utilities City SewerCity WaterElectricity ConnectedMaster Gas MeterMaster Water Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-09T10:44:28.953.
 
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EXIT Realty Elite
931 S Church Street
Grapevine TX, 76051
Offered by Nir Sheinbein of Central Metro Realty: 512-249-7368.