909 W Chestnut StreetDenison, TX 75020

Description

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 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.*

Property Information

Property type

Residential Income

Sub-type

Triplex

Year built

1920

Building area

3,330 Sq Ft

Lot size

0.29 acres

Parking spaces

6

Days on market

134

MLS^® Listing#

21283331

Property Features

Interior

High Speed Internet

Appliances

Dishwasher · Electric Oven · Electric Range

Cooling

Central Air · Electric

Heating

Central · Electric

Flooring

Carpet · Laminate

Parking

Additional Parking · On Site · Parking Lot

Construction

Wood Siding

Foundation

Pillar/Post/Pier

Roof

Composition

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Houston

Middle

Henry Scott

High

Denison

District

Denison ISD

Financial Details

Annual taxes

$5,531

Parcel number

143718

Directions

use GPS