Investment opportunities like this Triplex, with immediate income potential and long-term upside are becoming increasingly difficult to find, especially this close to the revitalization of Historic Downtown Denison. Welcome to 909 & 913 W. Chestnut, a well-maintained triplex offering the ideal combination of current rental income, recent updates, and future… Read More investment potential.
Designed with both investors and owner-occupants in mind, this property features three private units, each with its own entrance for added privacy and tenant appeal. Two of the units are currently leased, providing immediate rental income from day one, while the newly renovated upper unit is vacant and ready for its next tenant or could serve as the perfect opportunity for an owner to live on-site while offsetting expenses with rental income.
Each unit is individually metered for electricity, making utility management more efficient and simplifying tenant billing. The property's location adds even greater value, placing residents just minutes from Historic Downtown Denison, where locally owned restaurants, boutique shopping, coffee shops, entertainment, and year-round community events continue to attract both visitors and long-term residents.
Whether you're expanding your real estate portfolio, purchasing your first multifamily investment, or searching for a property that offers flexibility and appreciation potential, this triplex delivers an exceptional opportunity in one of North Texas' growing communities.
With existing rental income, a move-in-ready vacant unit, and a location that continues to benefit from Denison's ongoing growth and revitalization, this is the type of investment savvy buyers watch for. Schedule your private showing today and discover the possibilities this exceptional property has to offer.
*Buyer and buyer's agent should independently verify all information, including schools, measurements, taxes, restrictions, and property details.* Read Less
Courtesy of Real Broker, LLC, Jency McGinley.
Listing Snapshot
Days Online
151
Last Updated
Property Type
Triplex
Lot Size
0.29 Acres
Year Built
1920
MLS Number
21283331
Additional Details
Appliances & Equipment
Dishwasher, ElectricOven, ElectricRange
Building
Built in 1920, Year Built Details: Preowned, 1 building, Levels: Two, Construction Materials: WoodSiding
Cooling
CentralAir, Electric
Expenses
Insurance: $5,300
Floors
Carpet, Laminate
Foundation
PillarPostPier
Heating
Central, Electric
Income
Gross Income: $40,560, Net Operating Income: $24,560
Interior Features
HighSpeedInternet
Lot
0.289 acres
Parking
6 total parking spaces, AdditionalParking, OnSite, ParkingLot
