2404 LOUISE STREET #2404 & 242, DENTON, TX 76201
Homes for sale in Denton.
Homes for sale in 76201.
2404 Louise Street #2404 & 242
Denton, TX 76201
List Price$4,300,000
Listing #21194900
About This Property
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.
Property Features
Location Information
County
Denton
Subdivision
Owsley Park
Interior Features
Interior
Granite Counters, High Speed Internet, Multiple Staircases, Cable TV
Cooling
Central Air, Ceiling Fan(s)
Full Baths
24
Floors
Carpet, Luxury Vinyl Plank
Has Fireplace
No
Appliances
Some Gas Appliances, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
Number of Fireplaces
0
Total Number of Units
24
Heating
Central, Natural Gas
Exterior Features
Stories
2
Fencing
Chain Link, Wood
Construction
Brick
Pool Description
None
Exterior
Covered Courtyard, Lighting
Lot Description
Corner Lot, Level
Foundation
Slab
Lot Size in Acres
0.72
Roof
Composition, Flat
Lot Size in Sq. Ft.
31,363
Water / Sewer
Electricity Connected, Natural Gas Available, Sewer Available, Water Available, Cable Available
Buildings
2
Utilities
Electricity Connected, Natural Gas Available, Sewer Available, Water Available, Cable Available
Building Total Area (Sq. Ft.)
9,720
Parking Description
Common, Concrete, Parking Lot
Is One Story
No
Garage Spaces
0
Lot Description
Corner Lot, Level
School
Elementary School District
Denton ISD
Jr. High School
Calhoun
Elementary School
Newton Rayzor
High School
Denton
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Tax Annual Amount
22154.0
Property SubType
Apartment
Community Features
Curbs, Sidewalks
Year Built
1967
Documents Available
Survey
Status
Active
Mortgage Calculator
$20,081
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$15,495
Monthly Tax
$3,583
Monthly Insurance
$1,003
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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