1303 Fannin Street new Save Request In-Person Tour Request Virtual Tour
Denton,TX 76201
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Ewing Add
MLS Listing ID 21064918
Bedrooms 9
Full Baths 8
HOA Y/N None
Total Fin. Sqft 3709
Year Built 1963
Annual Tax Amount $8,349
Lot Size 0.483 Acres
Acres 0.4831
Property Sub-Type Multiple Single Units
Property Description
Three Parcels Located Right Next to Each Other 1305 Fannin, 1316 Margie, 1404 Margie and Zoned MN a Block from The University of North Texas! These are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! This Hot Location and Updated Properties Always Have 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 and The Downtown Denton Square or Build a Brand New 3 Story Apartment Complex Here! 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 and Stay Here Since Nothing Compares! They Are Walking Distance to UNT, Bike 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
Direction GPS is great :)
Interior
Interior Features Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available
Heating Central,Natural Gas
Cooling Central Air,Electric
Flooring Laminate,Varies,Wood
Appliance Refrigerator
Heat Source Central,Natural Gas
Exterior
Fence Chain Link,Wood
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Lot Description Landscaped,Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Siding,Wood
Schools
Elementary Schools Borman
Middle Schools Calhoun
High Schools Denton
School District Denton Isd
Others
Ownership Of record
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21064918