Denison, TX 75020 1014-1030 W Coffin Street
$1,310,000



35 more




































Presented By: Cecilia Hagan with Milestone Premier Properties; 903-462-0282
Home Details
Investor Portfolio Opportunity – 5 Duplexes (10 Total Units) in Denison, TX. Excellent opportunity to acquire professionally managed portfolio of five identical duplexes (10 total units) in a quiet residential pocket of Denison. Each unit is 847 square feet with 2 bedrooms, 1 bathroom, a fenced backyard, and a one-car garage.
Located at 1014, 1018, 1022, 1026, and 1030 W Coffin Street, this stabilized asset generates approximately $12,475 per month in gross rental income, with one unit currently vacant and listed for lease as of the time of this listing. Residents pay all utilities and maintain their own yards, helping to keep operating costs low.
All five duplexes have been professionally managed by Milestone Premier Properties since acquisition and have a consistent history of high occupancy and strong rent collection. Management continuity may be available to the next owner.
Recent improvements include interior paint, carpet, vinyl flooring, fixture updates, appliance replacements, HVAC service and replacements (most units updated in 2019), and roofs installed by the previous owner between 2016 and 2017. Full lease agreements will be made available during the feasibility period.
The portfolio is being offered as a package, but each duplex will also be listed individually. Buyer to verify all information.
Presented By: Cecilia Hagan with Milestone Premier Properties; 903-462-0282
Interior Features for 1014-1030 W Coffin Street
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Unit Count1
Lock Box TypeNone
Basement Y/NNo
FlooringCarpet, Ceramic Tile
Interior FeaturesCable TV Available, High Speed Internet Available
Total Units10
General for 1014-1030 W Coffin Street
# of Buildings5
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Range, Microwave
Capitalization Rate5.71
CityDenison
Complex NameN/A
Construction MaterialsSiding
CoolingCentral Air, Electric
CountyGrayson
DirectionsFrom US-75, take Exit 66 toward Morton St. Head west on W Morton St, then turn left onto S Scullin Ave. Continue for about half a mile, then turn right onto W Coffin St. The duplexes are located at 1014
Elementary SchoolHyde Park
Elementary School NameHyde Park
Full Baths1
Gross Annual Expenses74850.00
HOA TypeNone
HeatingCentral, Electric
High SchoolDenison
Insurance Expense12675
LevelsOne
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces1
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition, Shingle
School DistrictDenison ISD
Special NotesAerial Photo, Survey Available
Standard StatusActive
StatusActive
Subdivision NameCollege Park Add
UtilitiesCity Sewer, City Water, Electricity Connected, Individual Water Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built2000
Year Built DetailsPreowned
Exterior for 1014-1030 W Coffin Street
Attached Garage Y/NYes
Building Area Total1693.00
Covered Spaces1
FencingBack Yard, Chain Link
Foundation Slab
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.8955
Lot Size Area0.8955
Lot Size Dimensions300x130
Lot Size SourceEstimated
Lot Size Square Feet39007.9800
Lot Size UnitsAcres
Number Of Parking Spaces10
Parking FeaturesGarage
WaterfrontNo