1303 Fannin Street, Denton, Texas, 76201

Listed by Scott Brown Properties, Inc, Jonathan King, (469) 233-1500
$1,390,000
3,709 Sqft
0.48 Acres
9 bd
8 ba
#21221228
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

  • 8 Unit(s)
  • Utilities : City Sewer,City Water
  • Parking Features: Off Street
  • 10 Parking Space(s)
  • Fencing : Chain Link,Wood
  • Lot Features : Landscaped,Lrg. Backyard Grass
  • Lot Features : Composition
  • Cooling: Central Air,Electric
  • Heating : Central,Natural Gas
  • Construction Materials: Siding,Wood
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available
  • Appliances : Refrigerator
  • Flooring : Laminate,Varies,Wood
  • Levels : One
  • Green Verification Count : 0
  • Title Company Preferred: Lyndi H. Stewart Denton
PROPERTY DETAILS
ID: 21221228
Status: Active
Price: $1,390,000
Acres: 0.48 Acres
Price Per Acre: $2,877,251
Type: Other
Address: 1303 Fannin Street
City, State: Denton, Texas
County: Denton
Zip Code: 76201
Lat/Long: 33.205304, -97.147513
Presented By: Jonathan King
Phone: (469) 233-1500
Email: Click to Contact