$2,100,000/mo

1717 N Locust Street, Denton, TX 76201

  • 13 beds |
  • 13 baths |
  • 7,056 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $298/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Consider this the centerpiece of your new North Locust Street portfolio! (See other listings: 804, 810, 1013, and 2425 N. Locust. Selling as portfolio only). L. W. Killian purchased this lot in 1967 to build a quiet gated community for friends and family to retire into. Three generations of Killians have lived here since, electing to call it Chateau D’or somewhere along the way. Owners live in the sizable front two units and have owned a local property management company for decades. They are getting out of the business and are moving away from Denton to join their growing family! This property is the best of both worlds. Lease out all seven units or enjoy the comfort of living in one of the private front units while offsetting expenses. Unit 1 has a private outside bar and patio, greenhouse, sunroom, and a bonus room accessible through the master that can be used as an office, study, or nursery. Unit 2 also has a private patio, the covered portion of which has electricity for a ceiling fan, TV, and hanging accent lights. The owners have considered enclosing the covered breezeway between Units 1 and 2 to combine them into one unit. Both units have incredible kitchen storage, huge walk-in closets, and washer & dryer connections. Fourplex: These two-bedroom, one bath units have been updated with LVF and granite countertops in the kitchens and bath. Each unit enjoys four closets, tons of storage in their eat-in-kitchens, and the two upstairs units have window boxes for extra storage. Efficiency: This unit can be used as onsite office (and has been used that way in the past). Window unit cooling, gas heating and gas range, new countertops, sinks, and faucets, and subway tile backsplash. Amenities: Private pool, coin-operated laundry room, covered parking, all-bills-paid units, CCTV and automatic watering. While this property has been cared for, there are many ways to improve the property to justify rent increases.

Listing Status:
Active
Listing Office:
KILLIAN PROPERTY MANAGEMENT : 940-566-5717
Listing Agent:
Andrew Killian :
MLS ID:
20961817
  • General: Granite Counters
  • Appliances: DishwasherDisposalGas RangeMicrowaveRefrigerator
  • Flooring: CarpetCombinationConcreteCeramic Tile
  • A/C: Central AirCeiling Fan(s)
  • Heating: CentralNatural Gas

This listing courtesy of Andrew Killian, KILLIAN PROPERTY MANAGEMENT

Location

Schools Nearby

N

Newton Rayzor Elementary School

1400 Malone St, Denton, TX, 76201

Grades PK-5

0.95 miles away

C

Calhoun Middle School

709 W Congress St, Denton, TX, 76201

Grades 6-8

0.85 miles away

D

Denton High School

1007 Fulton St, Denton, TX, 76201

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.