1303 Fannin Street new Save Request In-Person Tour Request Virtual Tour
Denton,TX 76201
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Ewing Add
MLS Listing ID 21064918
Bedrooms 9
Full Baths 8
Year Built 1963
Annual Tax Amount $8,349
Lot Size 0.483 Acres
Property Sub-Type Multiple Single Units
Property Description
8 Units Right Next to Each Other at 1305 Fannin, 1316 Margie, 1404 Margie and Zoned MN a Block from The University of North Texas! The Properties are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! 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!
Location
State TX
County Denton
Interior
Heating Central,Natural Gas
Cooling Central Air,Electric
Flooring Laminate,Varies,Wood
Exterior
Fence Chain Link,Wood
Utilities Available City Sewer,City Water
Roof Type Composition
Building
Lot Description Landscaped,Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Schools
Elementary Schools Borman
Middle Schools Calhoun
High Schools Denton
School District Denton Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21064918