4 bedroom house for sale
McKinney TX 75069
- Property Type
- House
- Price
- $405,000
- Beds
- 4
- Baths
- 2
Overview
Introducing an exceptional investment opportunity at 607 W Erwin Avenue and 1212 College Street, nestled in the heart of McKinney, Texas. This unique offering encompasses two leased units on a single lot, presenting a rare chance to acquire two properties for the price of one. Currently generating a NOI of 6% with both rents currently below market value, this is a lucrative asset for any investor seeking to expand their portfolio in the thriving McKinney area. In 2020, both units received new roofs and new paint. 1212 College Street: This unit is currently under lease for $1, 200 a month until February 28, 2025. It boasts a comfortable living space that accommodates tenants with ease and convenience. 607 W Erwin Avenue: Extensively updated in 2020, this unit shines with a brand-new kitchen, a new bathroom, a fresh coat of paint, new windows, and updated flooring throughout. Currently leased for $1, 550 a month until December 31, 2024, it offers a modern and inviting living environment.
Details
- Beds: 4
- Baths: 2
- Price: $405,000
- :
- Area: 1,902 sqft
Location
McKinney TX 75069
4 bedroom house for saleRelated Properties
Disclaimer
2024-04-02, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-02, Viewed 0 times.
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