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1303 Fannin St

denton, TX 76201

$1,497,000

  • 9 BR
    8 BA
    approx. 3,709 SF

Interested? Let's Connect

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!

Details

3,709 Sq Ft

0.4831 Private Acres Lot Size

investment

Built in 1963

MLS/Listing ID 21221228

8 Units

Amenities & Features

Granite Countertops

Lot - Landscaped

Parking - Off Street

Construction - Wood

Composition

Refrigerator

Cooling - Electric

Cooling - Central Air

Wood

Chain-link

Natural Wood

Laminate

Pillar Post Pier

Heating - Natural Gas

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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