About 616 & 618 Rice Street
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.
Features of 616 & 618 Rice Street
| MLS® # | 20945604 |
|---|---|
| Price | $120,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,964 |
| Acres | 0.29 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 616 & 618 Rice Street |
|---|---|
| Subdivision | Sunny Side Sub |
| City | Denison |
| County | Grayson |
| State | TX |
| Zip Code | 75020-7541 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Garages | Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Speed Internet Available |
|---|---|
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
School Information
| District | Denison ISD |
|---|---|
| Middle | Henry Scott |
| High | Denison |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $1,729 |
Listing Details
| Agent | Cory Meals |
|---|---|
| Office | eXp Realty LLC |