804 N Locust Street, Denton, TX

$1,200,000

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8

Beds

8

Baths

0.19

Acres

About 804 N Locust Street

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.

Features of 804 N Locust Street

MLS® # 20962091
Price $1,200,000
Bedrooms 8
Bathrooms 8.00
Full Baths 8
Acres 0.19
Year Built 1964
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 804 N Locust Street
Subdivision Bbb & Crr
City Denton
County Denton
State TX
Zip Code 76201-2984

Amenities

Utilities City Sewer, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Other
Parking Spaces 15
Garages Guest, Private
Is Waterfront No
Has Pool No

Interior

Interior Features Tile Counters
Heating None
Fireplace No

Exterior

Roof Composition
Construction Board & Batten Siding, Steel Siding
Foundation Slab

School Information

District Denton ISD
Elementary Newton Rayzor
Middle Calhoun
High Denton

Financial Information

HOA None
Tax Unexempt $11,500

Listing Details

AgentAndrew Killian
OfficeKILLIAN PROPERTY MANAGEMENT
Contact Info940-566-5717

Listing Map

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