About 2404 Louise Street 2404 & 2420
24 Unit Apartment Buildings (12 & 12) 1 Block from UNIVERSITY OF NORTH TEXAS CAMPUS! Over the last few years, owner has spent large sums of money to not only Remodel Units but to significantly improve the infrastructure. All old HVAC systems replaced, Many of the Gas Water Heaters replaced, Most flooring and Paint in the last 2 years. Some units have undergone further remodeling with new kitchens with more cabinet space. All but 1 unit are 2 bedroom 1 bath. Most come with all stainless appliances including dishwashers. The ones with new kitchens excluded dishwashers as requested by many tenants who prefer cabinet space. Market rents have been low to accommodate construction both on the street and in the building. Now is your opportunity to put your finishing touches to make it shine and raise rents back up to $1400 or $1500 per unit as we did prior to last year's construction. Take advantage of the potential upswing. Great for your first apartment complex or experts increasing their portfolio.
Features of 2404 Louise Street 2404 & 2420
| MLS® # | 21194900 |
|---|---|
| Price | $4,300,000 |
| Bedrooms | 47 |
| Bathrooms | 24.00 |
| Full Baths | 24 |
| Square Footage | 9,720 |
| Acres | 0.72 |
| Year Built | 1967 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 2404 Louise Street 2404 & 2420 |
|---|---|
| Subdivision | Owsley Park |
| City | Denton |
| County | Denton |
| State | TX |
| Zip Code | 76201 |
Amenities
| Utilities | Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Sidewalk, Master Gas Meter, Master Water Meter |
|---|---|
| Features | Curbs, Sidewalks |
| Parking Spaces | 34 |
| Garages | Common, Concrete, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Granite Counters, High Speed Internet Available, Multiple Staircases |
|---|---|
| Heating | Central, Natural Gas |
| Fireplace | No |
Exterior
| Exterior Features | Lighting, Covered Courtyard |
|---|---|
| Lot Description | Corner Lot, Level |
| Roof | Composition, Flat |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Denton ISD |
|---|---|
| Elementary | Newton Rayzor |
| Middle | Calhoun |
| High | Denton |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $22,154 |
Listing Details
| Agent | Ara Minassian |
|---|---|
| Office | Star Realty |
| Contact Info | 214-727-0686 |