616 & 618 Rice Street Active Save Request In-Person Tour Request Virtual Tour
Denison,TX 75020
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $84
Subdivision Sunny Side Sub
MLS Listing ID 20945604
Bedrooms 3
Full Baths 1
Year Built 1930
Annual Tax Amount $1,729
Lot Size 0.292 Acres
Property Sub-Type Single Family Residence
Property Description
This unique investment opportunity includes two tenant-occupied properties on Rice Street, being sold together as part of a 7-property portfolio. The first home, built in 1930, features 3 bedrooms, 1 bath, and 1,268 sqft of living space. It offers solid rental income with room for added value through light rehab. The second home, built in 1985, is a newer 2-bedroom, 2-bath property with 1,184 sqft, requiring only minor cosmetic updates to maximize its potential. Both properties are cash-flowing and ideal for investors seeking turnkey rentals with upside. Please note: these properties will not qualify for FHA or VA financing. A 1-week notice is required for all showings, and proof of funds or a pre-approval letter must be submitted prior to scheduling. Do not disturb tenants.
Location
State TX
County Grayson
Rooms
Dining Room 1
Interior
Fireplaces Number 1
Fireplaces Type Wood Burning
Exterior
Utilities Available City Sewer,City Water
Building
Story Two
Schools
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional