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804 N Locust Street, Denton, TX 76201

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For Sale

$1,200,000

8 beds • 8 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 20962091

Courtesy Of KILLIAN PROPERTY MANAGEMENT, Listed By Andrew Killian

(940) 566-5717

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Oven - Gas, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Concrete, Tile, Wood
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 804 N Locust Street, Denton, TX 76201

Home seller CENTURY 21 Judge Fite Company

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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