1607 M AVENUE, PLANO, TX 75074

Homes for sale in Plano.

Homes for sale in 75074.


Status of the property has changed, please contact for details

List Price$550,000

1607 M Avenue

Plano, TX 75074

Listing Image Listing Image

Listing #21110022

3,008

Square Feet

5

Number of Units

Multi-Unit Residential

Type

About This Property

Open showing Friday Dec 5th from 2pm to 4pm. Fantastic investment opportunity in the heart of Plano! This rare 5-plex is fully occupied and currently generating strong cash flow. Even better, there is significant upside potential through renovations that could substantially increase net profit. The rental market in this area is stable and expected to strengthen with nearby development projects, including the major redevelopment of the Collin Creek Mall district. Situated on over one-third of an acre, the property offers ample room for potential expansion with a large open area at the rear. The possibilities are endless! Property is being sold AS-IS, and the seller is seeking a quick close.

Property Features

Location Information

County

Collin

Subdivision

Clint Forman Add

Interior Features

Interior

High Speed Internet

Floors

Carpet, Luxury Vinyl Plank

Has Fireplace

No

Appliances

Electric Cooktop, Electric Oven

Heating

Other

Total Number of Units

5

Cooling

Window Unit(s)

Exterior Features

Stories

1

Lot Size in Acres

0.363

Construction

Brick, Wood Siding

Lot Size in Sq. Ft.

15,812

Foundation

Pillar/Post/Pier

Buildings

1

Roof

Composition

Building Total Area (Sq. Ft.)

3,008

Parking Description

Covered, Carport

Is One Story

Yes

Pool Description

None

School

Elementary School District

Plano ISD

Jr. High School

Otto

Elementary School

Mendenhall

High School

Williams

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

RI

Has a Home Owners Association

No

Property SubType

Apartment

Tax Annual Amount

7101.0

Year Built

1946

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