3716 N Elm St Unit C, Denton, TX 76207
- $495,000
- List Price
- $495,000
- Price Change
- ▼ $5,000 1773774582
- MLS#
- 21178275
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 1965
- Acres
- 0.44
- County
- Denton
- City
- Denton
- Subdivision
- Nh Meisenheimer
- Building Name
- Meisenheimer
Property Description
This property offers a solid income-producing triplex opportunity in Denton, TX, generating $4,220 per month in rental income. The property consists of a front duplex and a detached efficiency unit, providing diversified income streams within a single asset. While the property may benefit from some TLC and cosmetic improvements over time, it is currently leased and producing cash flow, making it an attractive option for investors seeking both immediate income and future upside. Strategic updates could further enhance rental rates and overall value. Conveniently located in North Denton with quick access to I-35 and Loop 288, the property is just a short drive to the University of North Texas (University of North Texas) and Texas Woman’s University (Texas Woman’s University), supporting consistent rental demand from students, faculty, and the local workforce. Nearby retail, dining, and everyday amenities add to tenant appeal. This is a practical multifamily investment in a high-demand rental market, offering stable income today with the opportunity to improve and grow returns over time.
Additional Information
- Unexempt Taxes
- $6,661
- Lot Size
- 19,079
- Interior Features
- Cable TV
- Flooring
- Carpet
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Driveway
- School District
- Denton Isd
- Elementary School
- Evers Park
- Middle School
- Calhoun
- High School
- Denton
- Possession
- Negotiable
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Listing courtesy of Jeff Withers from Stag Residential. Contact: