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1308 Cordell Street, Denton, TX 76201

6 Bed, 3+ Bath Multi-Family Home For Sale

1308 Cordell Street, Denton, TX 76201 House For Sale - MLS #13677510
Sold
$349,950
6
3 Full Bath, 3 Half Bath
Multi-Family
3 Family
This listing is courtesy of Jessika Kim from Mersal Realty.

Property Description for 1308 Cordell Street, Denton, TX 76201

This listing is for half of a dual triplex package deal! Great opportunity to own six income generating units in a sought after area of Denton -- see additional MLS number in private remarks. Both are identical triplexes that neighbor each other and are offered as a package deal at $699,900. Each triplex has a 6 space parking lot and consists of 3 two-story townhouses that each have their own water heater, HVAC system, 2 balconies, 2 bedrooms, 1.5 bathrooms, and a utility room. 3 of the 6 units have been remodeled and rented at a higher rate and 3 units that are not remodeled and rented at a lower rate. A great long-term investment that yields a 6.3% Cap Rate and at only $91.70 per sq. ft.!

Interior Details

Central AC (Electric); Central Heat-Elec
Cable TV Available; High Speed Internet Available

Exterior Details

0.19 acres
8,189 sq. ft.
2
Assigned Spaces
6
Slab

Other Details

13677510
1985
$36,840
City Sewer; City Water; Curbs
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Monthly Mortgage Payments

$1,590
$2,214

Town Description

The formation of Denton is closely tied with that of Denton County. Unlike other neighboring cities in North Texas, there is no record of a large native-American population in the area before 1800....

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