704 N Tennessee ST Active Save Request In-Person Tour Request Virtual Tour
Mckinney,TX 75069
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,376 sqft
Price per Sqft $254
Subdivision Mckinney Outlots
MLS Listing ID 20905197
Bedrooms 3
Full Baths 2
Year Built 1950
Annual Tax Amount $4,207
Lot Size 7,927 Sqft
Property Sub-Type Duplex
Property Description
Investment Opportunity in Historic Downtown McKinney
Located less than half a mile from the charming Downtown McKinney Square, this property offers walkable access to boutique shops, restaurants, and year-round entertainment. The surrounding area is experiencing significant growth, with a vibrant mix of new retail and residential developments enhancing its appeal.
This duplex features two units: Unit A: 2 bedrooms, 1 bathroom (768 Sq. FT ) & Unit B: 1 bedroom, 1 bathroom ( 608 Sq. FT) Lot size 7,927 Sq ft.
Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex shares a large partially fenced backyard.
Unit A. updated kitchen butcher board countertops, white Samsung dishwasher, and updated sink faucet, tile floors and wood flooring in living, and the two bedrooms. 704 B. not updated, tenant has been there for 10 years.
The seller is offering this duplex and two others duplexes- 706, and 708 N. Tennessee—all located in a Business Neighborhood (BN) zoning district, ideal for long-term investment or redevelopment. All units are tenant-occupied, providing immediate income potential.
Showings will be scheduled one designated weekday evening showing window each week..Contact Jacqueline to schedule
This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area.
FULLY RENTED DUPLEX!!! Inquire about package deal pricing for all three duplexes.
Seller is selling the property AS IS. UNIT 704 A lease $1500 a month, through February 28, 2026 UNIT 704B $1090 a month, month to month
Annual Gross Income $31,080 with Gross Expense yearly property tax of $4,207, and Annual Insurance Expense is $3,200. Annual Net Income is $23,673. Please contact co-listing agent Jacqueline at 214-449-2255
Location
State TX
County Collin
Interior
Heating Other
Cooling Ceiling Fan(s),Wall Unit(s)
Flooring Tile,Wood
Exterior
Parking Features Asphalt,Off Street,Shared Driveway,On Street,Unpaved
Fence Back Yard,Partial
Pool None
Utilities Available Natural Gas Available,Sewer Available,Separate Meters,Cable Available
Roof Type Composition
Building
Lot Description Back Yard,Interior Lot,Lawn
Foundation Pillar/Post/Pier
Sewer Public Sewer
Schools
Elementary Schools Caldwell
Middle Schools Faubion
High Schools Mckinney Boyd
School District Mckinney Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20905197