304 Oak Street
McKinney, TX 75069 / Mckinney Outlots

MLS ID# 20570196 Active
Duplex

$399,000

0 units


Details for 304 Oak Street, McKinney TX 75069

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.

Features and Details

  • Category Multi-Family
  • Type Duplex
  • Area/Neighborhood Mckinney Outlots
  • County Collin
  • Acreage 0.13 Acres
  • MLS ID# 20570196
  • Year Built 1960
  • Garage Capacity 0
  • Living Area 0 sqft
  • Room Name Size
Complex Name
N/A
Construction
Wood, Composition, Pillar/Post/Pier
Heating/Cooling
Central, Electric, Central Air,Electric
Association Fee
None
Fencing
Wood
Flooring
Carpet, Luxury Vinyl Plank, Vinyl
Green Features
Green Verification Count: 0
Interior Features
Cable TV Available
Parking
Covered
Utilities
Asphalt, City Sewer, City Water, Curbs, Individual Water Meter, Overhead
Year Built
1960, Preowned
Gross Annual Expenses
5300.00
Gross Annual Income
32400.00
Net Operation Income
24900
# of Buildings
1
This listing was last updated on 5/14/2024 4:12:55 PM.