$1,700,000

Three Parcels Located Right Next to Each Other 1305 Fannin, 1316 Margie, 1404 Margie and Zoned MN a Block from The University of North Texas! These are Two Triplexes and a Duplex 100% Rented That Back Up to Each Other and Cashflow Nicely While Staying Easily Rented! This Hot Location and Updated Properties Always Have Lines Out the Door to Rent Here and is Perfect for Someone Wanting to do a 1031 Exchange and Have a Steady Cashflow Being Right Near Two Major Universities and The Downtown Denton Square or Build a Brand New 3 Story Apartment Complex Here! Almost All the Units are Tastefully Updated and Have Backyards! These Units Look Better Than Almost Anything Out There So Theres Always a Rapid Influx of People Wanting to Rent and Stay Here Since Nothing Compares! They Are Walking Distance to UNT, Bike to the Downtown Denton Square, and Driving Distance to TWU. Theyre Perfect for College Students or Working Professionals! NO HOA, LOW TAXES, LAND ZONED FOR MULTIFAMILY! Theres Plenty of Upside Potential to Increase Rents Add Additional Units or Build a Brand New Apartment Complex as the Zoning Allows!