616 & 618 Rice Street Denison Texas 75020

Active

616 & 618 Rice Street Denison Texas 75020

$160,000 - 0.29± Acres Denison, Texas 75020
  • 0.29 Acres
  • Grayson County
  • 3 Beds
  • 1.00 Baths

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.

Key Features

  • Price $160,000
  • Property Type Residential
  • Utilities City Sewer,City Water
  • Beds/Baths 3/1.00
  • City Denison
  • Status Active

Improvements

  • Permit internet: 1
  • Structural style: Single Detached

Other

  • City: Denison
  • County: Grayson
  • State: Texas
  • Zipcode: 75020
  • Year Built: 1930
  • Rooms: 2
  • Subdivision: Sunny Side Sub

Property Map

Directions: GPS

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