1219 Scripture St, Denton, TX 76201

$365,000
4
BD
4
BA

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List Price
$365,000
MLS#
21267280
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1950
Construction Status
Preowned
Bedrooms
4
Full Baths
4
Acres
0.21
County
Denton
City
Denton
Subdivision
unknown

Property Description

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

Additional Information

Lot Size
9,295
Acres
0.21
Interior Features
Loft
Flooring
Vinyl
Foundation
Other
Roof
Shingle
Pool Features
None
Parking Garage
Gravel
School District
Denton Isd
Elementary School
Newton Rayzor
Middle School
Calhoun
High School
Denton
Possession
CloseOfEscrow
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Steven Geis from Ray Gun Commercial. Contact: