BEDS9
BATHS8 full
MLS#21221228
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEwing Add
SCHOOLDenton ISD
Property Description
8 Units on Multi-Family Zoned Land Zoned MN Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie One Block From The University of North Texas, UNT! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! There is Always a Line Out the Door to Rent These Units! This Hot Location is Perfect to Build a New Three Story Apartment Complex or Keep It Like It Is! Almost All the Units are Tastefully Updated and Have Backyards! These Units Look Better Than Almost Anything Out There So There’s Always a Rapid Influx of People Wanting to Rent Since Nothing Compares! They Are Walking Distance to UNT, Biking Distance to the Downtown Denton Square, and Driving Distance to TWU. They’re Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTIFAMILY! There’s Plenty of Upside Potential to Increase Rents Add Additional Units or Build a Brand New Apartment Complex as the Zoning Allows!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Natural Gas
Lot Size: 0.48 Acres
Roof Type: Composition
Year Built: 1963
Amenities
Cable TV Available
Decorative Lighting
Granite Counters
High Speed Internet Available
Feature Descriptions
Appliances: Refrigerator
Days on Site: 8
Exterior: Siding, Wood
Fencing: Chain Link, Wood
Flooring: Laminate, Varies, Wood
Lot: Landscaped, Lrg. Backyard Grass
Parcel#: R0000
Parking: Off Street
Parking Notes: Off Street
Units: 8
Utilities: City Sewer, City Water
Local Schools
Elementary School: Borman
School District: Denton ISD
Listed By / Shown By
Listed By
Agency Name: Scott Brown Properties, Inc
Agency Contact: (940) 243-7368
Agent Name: Jonathan King
Shown By
Agent Name: Gaye Lynn Rast
Agent Phone: (254) 709-1909
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 3,768.30 per month $3,331.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.63 Homeowner's Insurance
1303 Fannin Street | MLS# 21221228
This multi-family property located at 1303 Fannin Street, Denton, TX 76201 is currently listed for sale with an asking price of $1,497,000. Fannin Street is located within the Denton ISD school district. Search Denton real estate on www.gayelynnrast.com today.