1607 M Ave

Plano, TX 75074
  • $550,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,008

    SqFt

About the Listing PXE01C - 0613387

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.

Listing Highlights

Status Pending
Days on Site 13
Property Type Multi-Family
MLS ® 21110022
Year Built 1946
Total Square Footage 3,008
Lot/Acreage 0.36
County Collin
Neighborhood Clint Forman Add
School District Plano ISD
Elementary School Mendenhall
Middle School Otto
High School Plano East

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Electric Cooktop, Electric Oven
  • Air Cond: Window Unit(s)
  • Heating:
  • Fireplaces:
  • Floor: Carpet,Luxury Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: High Speed Internet Available
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: Carport,Covered

Financial Details

  • Tax Amount: $7,101
  • Taxes w/Assessments: N/A
  • Tax/Property ID: R0160006004A1
  • Tax Year: N/A

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1607 M Ave Plano, TX 75074

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