2 Beds
2 Baths
8,015 Sqft Lot
2 Beds
2 Baths
8,015 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Mckinney Outlots
MLS Listing ID 20905502
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 1496
Year Built 1950
Annual Tax Amount $4,336
Lot Size 8,015 Sqft
Acres 0.184
Lot Dimensions 8,015 SQ ft.
Property Sub-Type Duplex
Property Description
This duplex features two units: Unit A: 1 bedroom, 1 bathroom (748 SQ. FT ) & Unit B: 1 bedroom, 1 bathroom (748 SQ. FT ). Lot size is 8,015 Sq. ft. Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex located in a Business Neighborhood (BN) zoning district, ideal for long-term investment or redevelopment. All units are tenant-occupied, providing immediate income potential. 708 B.unit has butcher block counter tops, and stainless steel dishwasher. Inquire about package deal pricing for all three duplexes. This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area. Seller is selling the property AS IS.
Unit 708A rent is $1300 a month, with a valid lease until May 31, 2026. Unit 708B $1500 a month and lease ends September 30, 2025. Annual Gross Income $33,600 with Gross Expense yearly property tax of $4,336, and Annual Insurance Expense is $3,200. Annual Net Income is $26,064
Showings will be scheduled on a designated weekday EACH WEEK. Contact CO- listing realtor to Jacqueline 214-449-2255
Location
State TX
County Collin
Direction From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( YELLOW 1 story Duplex).
Interior
Interior Features Cable TV Available, High Speed Internet Available
Heating Other
Cooling Wall Unit(s)
Flooring Laminate, Tile
Appliance Electric Oven, Refrigerator
Heat Source Other
Exterior
Fence Partial, Wood
Utilities Available City Sewer, City Water, Concrete, Curbs
Roof Type Composition
Garage No
Building
Lot Description Interior Lot, Lrg. Backyard Grass
Story One
Foundation Pillar/Post/Pier
Level or Stories One
Structure Type Siding
Schools
Elementary Schools Caldwell
Middle Schools Faubion
High Schools Mckinney Boyd
School District Mckinney Isd
Others
Ownership See CAD
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20905502
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