(972) 396-7512

827 Monterey Street, Denison, Texas 75020

  • $1,670,000

Property Overview:

MLS #: 14516264
  • 44.0
  • Bedrooms
  • 1.5
  • Homesite Size Acres
  • 1965
  • Year Built

Property Description:

Welcome to the Cottages of South Scullin. This 16 unit community is comprised of 8 twin villa duplexes, and boasts nearly 1.5 acres of land. The complex features four 2 bed 1 bath floor plans, and twelve 3 bed 1 bath floor plans. The 2 bedroom units could easily be converted into 3 bedroom units for a higher NOI. All units are individually metered for water, sewer and electric. All properties are copper wire with updated electric service. All roofs are less than 8 years old, 14 units have water heaters less than 9 years old, and several units have PVC plumbing. A great investment opportunity in Denison Tx. Income and Expenses are based on proforma. Actuals are available upon request.

Property Address:

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  • Address 827 Monterey Street
  • City Denison
  • State/county Texas
  • Zip/Postal Code 75020
  • Area DENISON (1)
  • Country United States

Property Details:

Updated on May 6, 2021 at 9:00 am
  • MLS #: 14516264
  • Price: $1,670,000
  • Homesite Sq.FT. : 63,859
  • Homesite Size: 1.47 Acres
  • Bedrooms: 44
  • Year Built: 1965
  • Property Type: Multi-Family
  • Property Status: Pending

Additional Details:

  • Last Status: Coming Soon
  • Building Area Source: Tax
  • Complex Name: Cottages S. Scullin
  • Construction Materials: Brick,Common Wall
  • Directions: From 75 turn East on Eisenhower pkwy. Turn left on East Monterey, Building will be on your right.
  • Fencing: None
  • Financing Proposed: Cash,Conventional
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank
  • Gross Annual Expenses: 25700
  • Gross Annual Income: 146000
  • Heating: Central Air-Elec,Central Heat-Gas
  • Insurance Expense: 10600
  • Internet Exposure: Members IDX Websites,REALTOR.com,NTREIS Translator,Realtors Property Resource,Syndicate Listing,Homes.com,Zillow
  • MLS Area Major: GRAYSON AREA (37)
  • Multi ParcelI DYN: 1
  • Number Of Buildings: 8
  • Number Of Parking Spaces: 16
  • Number Of Stories: 1
  • Number Of Units: 16
  • Other Equipment: Range/Oven-Gas,Refrigerator
  • Permit AVM YN: 1
  • Permit Comments Reviews YN: 1
  • Possession: Closing/Funding
  • Public Remarks: Welcome to the Cottages of South Scullin. This 16 unit community is comprised of 8 twin villa duplexes, and boasts nearly 1.5 acres of land. The complex features four 2 bed 1 bath floor plans, and twelve 3 bed 1 bath floor plans. The 2 bedroom units could easily be converted into 3 bedroom units for a higher NOI. All unit are individually metered for water, sewer and electric. All properties are copper wire with updated electric service. All roofs are less than 8 years old, 14 unit have water heaters less than 9 years old, and several units have PVC plumbing. A great investment opportunity in Denison Tx.
  • Roof: Composition
  • School District: Denison ISD
  • SQFT Building: 11520
  • Street Number Searchable: 827
  • Subdivision Name: Oakview Add
  • Tax Legal Description: OAKVIEW ADDN, BLOCK 8, LOT 1 THRU 4 & 20 FT A
  • Tenancy: Month to Month
  • Unexempt Taxes: 4715
  • Utilities: Asphalt,City Sewer,City Water,Curbs,Overhead Utilities
  • Year Built Details: Preowned
  • High School Name: Denison
  • Intermediate School Name: Mcdaniel
  • Middle School Name: Henry Scott

Property Features:

Exterior Features

  • Other

Interior Features

  • Cable TV Available

Lot Features

  • Corner
  • Lrg. Backyard Grass

Parking Features

  • Area Assigned
  • On Street
  • Other
  • Rear

Security Features

  • Smoke Detector

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