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Active

$1,390,000

  • 9 beds
  • 8 baths
  • 0.48 acre lot

1303 Fannin Street

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Listing data updated

About this home

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…

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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!

Bedrooms
9
Bathrooms
8
Lot size
0.48 acres
Garage spaces
0 spaces
Year built
1963
Property type
MultipleParcels
Status
Active
MLS number
21221228

Listing courtesy of Scott Brown Properties, Inc

Office phone (940) 243-7368

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
9
Bathrooms
8

Exterior

Garage spaces
0

Lot

Lot size
0.48 acres

Building

Year built
1963
Property type
MultipleParcels

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Listing courtesy of Scott Brown Properties, Inc. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated