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Denton,TX 76209
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,925 sqft
Price per Sqft $756
Subdivision Schmitz & Rippy
MLS Listing ID 20892578
Bedrooms 13
Full Baths 12
HOA Y/N None
Total Fin. Sqft 4925
Year Built 1920
Annual Tax Amount $11,195
Lot Size 0.321 Acres
Acres 0.321
Property Sub-Type Apartment
Property Description
Why Live in an Ordinary Apartment When You Can Live in an Updated Mansion!? This Property Has It All with Ultra Low Taxes and Low Insurance, a Great Location Next to Two Major Universities TWU and UNT, a Few Blocks Away from The Downtown Denton Square, and is an Investor's Dream! 6 of the Apartments are Slated as AirBnB Short-Term Rentals with High Returns While the Bottom Floor 6 Units are Used for Long-Term Rentals for Stability! This Property Functions Well as Both Long-Term Rentals for Stability or Short-Term Rentals to Maximize Returns and Could Even Become a Beautiful Boutique Hotel! It Has Brand New Plumbing, Electrical, HVAC, Parking, Covered Porches, a Fenced Dog Park, and Location, Location, Location! The Vanderbilt Apartments Features Easy Walking Distance to Texas Woman's University, Biking Distance to The Downtown Denton Square, and Biking Distance to The University of North Texas! You'll Experience Unparalleled Charm and Timeless Elegance in this 1920s Craftsman Style Mansion Completely Renovated and Updated with All Modern Amenities! Your Kitchen Includes Updated Stainless Steel Applicances with a New LG Washer and Dryer Stackable Unit Inside Your Unit and Included, Brand New Updated Quartz Countertops, Undermount Sink, a French Corner-Entry Shower with Rainfall Shower Head, Brand New White Oak Styled Waterproof Flooring, Shiplap Accent Walls, and Charm You Won't Find Anywhere Else! Also Included is a Little Dog Park in the Backyard and Some Rocking Chairs on the Front and Back Porches to Enjoy Your Morning Coffee or Get Some Work Done on Your Laptop While Taking in the Breeze! This Property Cash Flows Wonderfully and Tenants are Always Lining Up to Rent Here as Nothing Compares! All Mechanicals Have Been Replaced and No Deferred Maintenance! The Vanderbilt Boasts Brand New Plumbing, HVAC, and Electrical Throughout Permitted by the City of Denton with Approved Certificate of Occupancy from the City! Come and Get This One Before It's Gone!
Location
State TX
County Denton
Direction GPS
Interior
Interior Features Cable TV Available,Decorative Lighting,Granite Counters,High Speed Internet Available,Open Floorplan
Heating Central,Heat Pump,Natural Gas
Cooling Central Air,Electric,Multi Units,Wall Unit(s)
Flooring Ceramic Tile,Hardwood,Laminate,Wood
Appliance Disposal,Dryer,Electric Range,Microwave,Refrigerator,Washer
Heat Source Central,Heat Pump,Natural Gas
Exterior
Exterior Feature Covered Patio/Porch,Dog Run,Rain Gutters,Private Yard
Fence Fenced,Perimeter,Wood
Utilities Available City Sewer,City Water
Roof Type Composition,Metal
Garage No
Building
Lot Description Corner Lot
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Structure Type Frame,Wood
Schools
Elementary Schools Nette Shultz
Middle Schools Calhoun
High Schools Denton
School District Denton Isd
Others
Ownership Of record
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Owner Will Carry
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20892578