625 Denison Street #A, Gainesville, TX 76240
Local realty services provided by:ERA Myers & Myers Realty
Listed by:scott wandell469-815-9054
Office:exp realty
MLS#:21065194
Source:GDAR
Price summary
- Price:$50,000
- Price per sq. ft.:$27.7
About this home
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.
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Home facts
- Year built:1920
- Listing ID #:21065194
- Added:14 day(s) ago
- Updated:October 04, 2025 at 11:42 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,805 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Fireplaces
Structure and exterior
- Year built:1920
- Building area:1,805 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Gainesvill
- Elementary school:Edison
Finances and disclosures
- Price:$50,000
- Price per sq. ft.:$27.7
- Tax amount:$1,909
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