Duplex and Two Cottages Near UNT Campus
Value Add investment property with potential for growth that includes a duplex with two cottage unit rentals in back within walking distance to the University of North Texas and the popular Fry St.? area with restaurants and bars.? The owner has put in approximately $40k in capital improvements in the last few years.? Property has historically strong occupancy.? This location attracts both student and non student tenants.? Current rents range from $850 to $1,075 unit.? Owner pays for common area lighting and water and waste water for two of the units.? Owner pays for common area lighting and water for two of the units. Rent roll and financials are in the OM attached to this listing. NO SELLER FINANCING AVAILABLE.
- Walkable to University of North Texas, Downtown Denton, Fry Street and Public Transportation
- Textbook Small Value-Add Investment Property
- Strong Historical Occupancy
- Ideally Suited for Both Students and Professionals
- Denton’s Rental Market Is Booming, with UNT’s 50,000+ Students & Strong Professional Workforce Driving Demand
Property Details
- Interior
- Loft
- Cooling
- 1
- Heating
- Wall Furnace
- Cooling Features
- Window Units
- Bedrooms
- 4
- Bathrooms
- 4.0
- Full Baths
- 4
- Acres
- 0.0
- Lot Size (sqft)
- 0.2134
- Parking Features
- Gravel
- Parking Spaces
- 4.0
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 1950
- Foundation
- Other
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Appliances
- Electric Range, Gas Water Heater, Refrigerator
- Subdivision
- unknown
- Community Features
- Curbs
- School District
- Denton ISD
- Elementary School
- Newton Rayzor
- Middle School
- Calhoun
- High School
- Denton
- County
- Denton
- Region
- Denton
- Days on Market (Cumulative)
- 109
Location
Legal
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Provided By
Listed by Steven Geis (#0519598)
Listing Office: Ray Gun Commercial (#RGCR01LV)
