$1,200,000/mo

804 N Locust Street, Denton, TX 76201

  • 8 beds |
  • 8 baths |
  • 4,800 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon8,289sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $250/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

This eight-unit complex offers growth potential for your new North Locust Street Portfolio! (See other listings: 810, 1013, 1717, and 2425 N. Locust. Selling as portfolio only). The owners—who run one of Denton’s longest running property management companies—have personally cared for this property since 1997. These units are easy to lease but still have room for updates to justify rent increases. An savvy investor would likely someday refresh the kitchens and bathrooms. And the vacant lot across from the complex, currently used as green space and overflow parking, presents a wonderful opportunity for later development. One of the few remaining empty lots on Locust! Units: Accent walls of corrugated metal or wood, the wood floors on the second floor and painted concrete on the first floor make turning units a breeze, two downstairs units have their own private yards, residents pay their own electricity, water, and gas(!), coin-operated laundry room onsite, plenty of parking—residents have enjoyed having a reserved space right outside their apartment, adjacent to Austin Street Historical District, quiet, convenient to TWU, UNT, and the popular downtown Denton Square (live music, food, independent bookstores, busy bars, and the historic Denton Courthouse). Pergola, grill, and bike rack available for resident use! Must see to truly understand how neat this location is.

Listing Status:
Active
Listing Office:
KILLIAN PROPERTY MANAGEMENT : 940-566-5717
Listing Agent:
Andrew Killian :
MLS ID:
20962091
  • General: Tile Counters
  • Appliances: Electric OvenGas OvenRefrigerator
  • Flooring: ConcreteTileWood
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: None

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

1.10 miles away

C

Calhoun Middle School

709 W Congress St, Denton, TX, 76201

Grades 6-8

0.51 miles away

D

Denton High School

1007 Fulton St, Denton, TX, 76201

Grades 9-12

0.78 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.