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304 Oak Street

Mckinney, TX 75069
  • $410,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 20570196
$410,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Ashton Kuehne of The Joyce Realty Group: 214-773-9412.

Description

Discover a prime duplex investment that is walking distance from downtown McKinney at 304 Oak Street in McKinney, TX. Offering a solid 6% NOI with both units renting below market value. The North unit secures $1,200 a month until December 31, 2024, while the South unit, updated in 2020, commands $1,500 a month until February 28, 2025. Upgrades include a new kitchen, new bathroom, repaint, windows, and flooring, enhancing appeal and value. Ideal for investors seeking steady income and growth potential in a vibrant location. Don't miss this turnkey asset in a sought-after area.

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© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cottage & Co Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Cottage & Co Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
www.cottagecorealty.com/homes/148996247
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304 Oak Street Mckinney, TX 75069

  • Price: $410,000
  • Status: Active
  • On Site: 22 Days
  • MLS #: 20570196
4
Beds
2
Baths
0
½ Baths
0.13
Acres
1960
Built
Neighborhood:
Mckinney Outlots
County:
Collin
Area:
Mckinney
Elementary School:
Minshew
High School:
Mckinney Boyd
School District:
McKinney ISD
Property Description
Discover a prime duplex investment that is walking distance from downtown McKinney at 304 Oak Street in McKinney, TX. Offering a solid 6% NOI with both units renting below market value. The North unit secures $1,200 a month until December 31, 2024, while the South unit, updated in 2020, commands $1,500 a month until February 28, 2025. Upgrades include a new kitchen, new bathroom, repaint, windows, and flooring, enhancing appeal and value. Ideal for investors seeking steady income and growth potential in a vibrant location. Don't miss this turnkey asset in a sought-after area.
Exterior Features

Construction Wood Fencing Wood Foundation Pillar/Post/Pier Parking Or Garage Covered Parking Spaces 2 Pool On Property No Roof Composition

Interior Features

Appliances Electric OvenElectric RangeMicrowaveRefrigerator Cooling Central AirElectric Flooring CarpetLuxury Vinyl PlankVinyl Garage No Handicap YN No Heating CentralElectric Interior Features Cable TV Available

Property Features

Building Area Source Public Records Building Area Total 1549.00 Complex Name N/A Construction Status Preowned Gross Annual Expenses 5300.00 Gross Annual Income 32400.00 HOA None Insurance Expense 3200 Levels One List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 24900 Possession Closing/Funding Property Type Duplex Unexempt Taxes 5077 Utilities AsphaltCity SewerCity WaterCurbsIndividual Water MeterOverhead Utilities Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cottage & Co Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Cottage & Co Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-04-20T15:27:59.983.
 
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Cottage & Co Realty
4964 Burger Rd
Aubrey TX, 76227
Offered by Ashton Kuehne of The Joyce Realty Group: 214-773-9412.