509 E HeronDenison, TX 75021

Description

Fantastic investment opportunity—perfect for investors seeking immediate cash flow! This unique property has 2 properties, both tenant-occupied. Unit 509 is occupied at $1,200 per month through June 2027, and Unit 511 is tenant-occupied through 4-30-2027 for $1010 per month. Welcome to this beautifully updated 1930s home with an ADU that adds instant rental income or additional space for guest house or separate home office! Full of character, timeless charm and thoughtfully updated throughout, this home blends the craftsmanship and charm of its original era with the conveniences of today. Inside, you'll find luxury vinyl plank wood-look flooring throughout (NO CARPET), fresh interior updates, and abundant natural light that highlights the home’s inviting atmosphere. The spacious living area offers a comfortable place to gather and relax, while subtle architectural details reflect the home's original charm and personality. The kitchen has been updated with modern finishes, featuring sleek countertops, ample cabinetry, and updated appliances—creating a functional and welcoming space for cooking, entertaining, and everyday living. The bedrooms are generously sized and offer flexibility for guests, a home office, or additional flex space to fit your lifestyle needs. Updated bathrooms feature clean, contemporary finishes while still complementing the home’s classic character. This unique property also features a 792 sqft ADU! Inside you'll find a living space, 1 bedroom loft, full bath and full kitchen space. Keep as rental for additional income or use as extra guest space, home office, hobby space, or home gym. The options are endless! Step outside to enjoy a private backyard with room for outdoor entertaining, gardening, pets, or simply relaxing outdoors.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1930

Building area

2,116 Sq Ft

Lot size

0.24 acres

Days on market

40

MLS^® Listing#

21369263

Property Features

Interior

Built-in Features · Other · High Speed Internet

Exterior

Private Yard

Appliances

Dishwasher · Disposal · Electric Cooktop · Electric Oven · Electric Range · Electric Water Heater · Microwave

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Central · Electric

Flooring

Vinyl

Fireplace

Living Room

Parking

Driveway

Lot features

Landscaped

Foundation

Pillar/Post/Pier

Roof

Composition · Shingle

Security

Smoke Detector(s)

Utilities

Cable Available · Electricity Available

Sewer

Public Sewer

Water source

Public

Parcel number

146756

Schools

Elementary

Lamar

Middle

Henry Scott

High

Denison

District

Denison ISD

Directions

from hwy 75 go east on 503 follow 503 until you turn right on hwy 69 from hwy 69 turn left on S. Bells Dr. from S Bells Dr turn Right on E Monterey St From E Monterey St Turn left on E Heron St House will be on the left.