bedrooms
3
bathrooms
2
square feet
1,496
Acreage
0.184
Open Houses
-
year built
1950
Full Baths
2
Half Baths
0
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: 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 shares a large partially fenced backyard The seller is offering this duplex and two others duplexes- 704, and 706 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 begin the day of the open house April 22nd from 5-7 pm, with an additional designated weekday evening showing window EACH WEEK. 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. FULLY RENTED DUPLEX!!! Seller is selling the property AS IS. Seller is gathering Gross Expenses and Insurance numbers and will have that data within the next few days. Unit 708A rent is $1300 a month, and on a month to month rent agreement. 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
Location | |
Subdivision | Mckinney Outlots |
County | Collin |
Elementary School | Caldwell |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 20908911
Listing agent:
Susan Beers
#0627321
Listing broker:
Fathom Realty Llc
(888) 455-6040
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, April 26 2025 at 11:20 p.m. EDT
Kotohomes National
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