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1303 Fannin Street

Denton, TX 76201
  • $1,499,000
  • STATUS: Active Option Contract
  • ON SITE: 74 Days
  • MLS #: 20110186
Under Contract
$1,499,000
  • 9
    BEDS
  • 0.48
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Information

High School:
School District:
Offered by Jonathan King of Monument Realty: .

Description

Incredible Multi-Family Investment Opportunity Right Next to the University of North Texas, the Downtown Denton Square, and Texas Womans University! Priced to Sell! These are Two Beautiful Triplexes and One Duplex Contiguous 100% Occupied with Lines Out the Door and Located on Multi-Family Zoned Land! This Hot Location Always Has Lines Out the Door to Rent Here and is Perfect for Someone Wanting to do a 1031 Exchange and Have a Steady Cashflow Being Right Near Two Major Universities! The Owner Has Finished the Units Out with Incredible Finishes! These Units Look Better Than Almost Anything in the Area so Theres Always a Rapid Influx of People Wanting to Rent and Stay Here as Nothing Compares! Walking Distance to UNT, Downtown Denton Square, and Driving Distance to TWU, Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTI-FAMILY! Plenty of Upside Potential to Increase Rents and Even an Additional Pad Poured to Add 1-2 More Units!

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© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 1st Choice Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than 1st Choice Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-24T23:41:16.767.
www.1stchoicerealty.net/homes/130815819
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1303 Fannin Street Denton, TX 76201

  • Price: $1,499,000
  • Status: Active Option Contract
  • On Site: 74 Days
  • MLS #: 20110186
9
Beds
8
Baths
0
½ Baths
0.48
Acres
1963
Built
Neighborhood:
Ewing Add
County:
Denton
Area:
Denton
High School:
Denton
School District:
Denton ISD
Property Description
Incredible Multi-Family Investment Opportunity Right Next to the University of North Texas, the Downtown Denton Square, and Texas Womans University! Priced to Sell! These are Two Beautiful Triplexes and One Duplex Contiguous 100% Occupied with Lines Out the Door and Located on Multi-Family Zoned Land! This Hot Location Always Has Lines Out the Door to Rent Here and is Perfect for Someone Wanting to do a 1031 Exchange and Have a Steady Cashflow Being Right Near Two Major Universities! The Owner Has Finished the Units Out with Incredible Finishes! These Units Look Better Than Almost Anything in the Area so Theres Always a Rapid Influx of People Wanting to Rent and Stay Here as Nothing Compares! Walking Distance to UNT, Downtown Denton Square, and Driving Distance to TWU, Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTI-FAMILY! Plenty of Upside Potential to Increase Rents and Even an Additional Pad Poured to Add 1-2 More Units!
Exterior Features

Carport Spaces 0 Construction SidingWood Construction Materials Walls 10 Covered Spaces 0 Fencing Chain LinkWood Foundation Pillar/Post/Pier Lot Description LandscapedLrg. Backyard Grass Parking Or Garage Off Street Pool On Property No Roof Composition

Interior Features

Appliances Refrigerator Attached Garage No Cooling Central AirElectric Fireplaces 0 Garage No Handicap YN No Heating CentralNatural Gas Interior Features Cable Tv AvailableDecorative LightingGranite CountersHigh Speed Internet Available Kitchen Equipment 214-705-7827

Property Features

Building Area Source Public Records Building Area Total 3709.00 Complex Name Na Construction Status Preowned Gross Annual Expenses 12840.00 Gross Annual Income 106800.00 HOA None Insurance Expense 4500 List MLSProvider Collin County Association Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 93960 Operating Expense Includes InsuranceTrashUtilitiesWater/Sewer Possession Lease OutstandingSubject To Lease Property Type Multi Family Unexempt Taxes 8349 Utilities City SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2022 North Texas Real Estate Information System.


© 2022 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 1st Choice Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than 1st Choice Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-24T23:41:16.767.
 
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1st Choice Realty
1109 E. Quinlan Parkway
Quinlan TX, 75474
Offered by Jonathan King of Monument Realty: .