Thank you
Ashton Kuehne
The Joyce Realty Group
214-629-6111
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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Total Bedrooms : 4
Full Baths: 2
Cable TV Available
Electric Oven,Electric Range,Microwave,Refrigerator
Asphalt,City Sewer,City Water,Curbs,Individual Water Meter,Overhead Utilities
Central Air,Electric
Central,Electric
Built Year: 1960
Building Area Total: 1,549
Construction: Wood
Roof Type: Composition
Pillar/Post/Pier
Wood
Wood
Lot Size (Acr): 0.1300
Lot Size Units: Acres
Lot Size Square Feet: 5662.8000
Property Type: Residential Income
Property Sub Type: Duplex
Subdivision: Mckinney Outlots
City: McKinney
State: Texas
Directions: Take 75 to W. Louisiana Street and go East about 1 mile. Take a left on Oak Street. Go about 4 blocks and duplex is on the right.
Property Status: Active
Levels: One
Property Age: 64
Year Built Details: Preowned
Original List Price: $410,000
Possession: Closing/Funding
Parcel Number: R0926000565D1
Tax Legal Description: MCKINNEY OUTLOTS (CMC), LOT 565D; & SOUTH 1/2 OF L
Tax Lot: 565D
Unexempt Taxes: $5,077
Parking: 2
Parking Features: Covered
HOA Type: None
Elementary School: Minshew
Middle School: Dr Jack Cockrill
High School: Mckinney Boyd
School District: McKinney ISD
Utilities: Asphalt,City Sewer,City Water,Curbs,Individual Water Meter,Overhead Utilities
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
951 Eldorado Parkway, Mckinney, TX,75069 | $2,000,000 | -- | -- | -- | 15.14 Acres |
800 S Kentucky Street, Mckinney, TX,75069 | $3,500,000 | -- | -- | -- | 4.325 Acres |
10 AC E Us Highway 380, Mckinney, TX,75069 | $6,000,000 | -- | -- | -- | 10 Acres |
153 Enterprise Drive #2.., Mckinney, TX,75069 | $340,000 | 1 | 2 | 966 | -- |
TBD Cr 317, Mckinney, TX,75069 | $1,300,000 | -- | -- | -- | 6.128 Acres |
153 Enterprise Drive #1.., Mckinney, TX,75069 | $524,900 | 2 | 2 | 1,762 | -- |
1412 N Morris Street, Mckinney, TX,75069 | $525,000 | 3 | 2 | 2,596 | 0.29 Acre |
1015 West Street, Mckinney, TX,75069 | $569,000 | 4 | 3 | 2,649 | 0.45 Acre |
405 Heard Street, Mckinney, TX,75069 | $500,000 | 3 | 1 | 1,609 | 0.18 Acre |
1804 W Josephine Street, Mckinney, TX,75069 | $400,000 | 3 | 2 | 1,464 | 0.2 Acre |
Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2024. All rights reserved
ByOwner last updated this listing 05/01/2024 @ 20:33
MLS: 437574192
LISTED BY: Ashton Kuehne, The Joyce Realty Group
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.