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

Active

List Price$4,300,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21194900

47

Bedrooms

24 full

Bathrooms

9,720

Square Feet

24

Number of Units

Multi-Unit Residential

Type

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

Real Estate IDX Powered by iHomefinder