About 1303 Fannin Street
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!
Features of 1303 Fannin Street
| MLS® # | 21221228 |
|---|---|
| Price | $1,497,000 |
| Bedrooms | 9 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Acres | 0.48 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1303 Fannin Street |
|---|---|
| Subdivision | Ewing Add |
| City | Denton |
| County | Denton |
| State | TX |
| Zip Code | 76201-6693 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Parking Spaces | 10 |
| Garages | Off Street |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available |
|---|---|
| Heating | Central, Natural Gas |
| Fireplace | No |
Exterior
| Lot Features | Landscaped, Lrg. Backyard Grass |
|---|---|
| Roof | Composition |
| Construction | Siding, Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Denton ISD |
|---|---|
| Elementary | Borman |
| Middle | Calhoun |
| High | Denton |
Additional Information
| Flooring | Laminate, Varies, Wood |
|---|---|
| Net Income | $89,690 |
| Building Sqft | 3,709 |
| # Units | 8 |
Listing Details
| Agent | Jonathan King |
|---|---|
| Office | Scott Brown Properties, Inc |
| Contact Info | (940) 243-7368 |