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About This Home
This 9-bedroom, 8-bathroom residential multi family at 1303 Fannin Street in Denton, TX is listed for $1,497,000. Built in 1963, on a 0.48 acres lot.
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!
Key Features
- Built in 1963
- 0.48 acre lot
- 10 parking spaces
Property Details
Monthly Cost Estimate
$8,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1303 Fannin Street
Denton, TX 76201
Ewing Add
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 9-bedroom, 8-bathroom residential multi family at 1303 Fannin Street is listed at $1,497,000. The estimated monthly payment is $6,487 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.48 acre lot, 10 parking spaces. Interior Features: Cable Tv Available, Decorative Lighting, Granite Counters. Exterior Features: Fence.
This property is listed by Jonathan King and can be reached at 9402437368 or jking@willowcreekhomesllc.com.