Mckinney, TX 75069,708 N Tennessee Street
Mckinney, TX 75069,708 N Tennessee Street
Mckinney, TX 75069,708 N Tennessee Street
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$375,000
Est. payment /mo
3 Beds
2 Baths
1,496 SqFt

OPEN HOUSE

Tue Apr 22, 5:00pm - 7:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,496 sqft

Price per Sqft $250

Subdivision Mckinney Outlots

MLS Listing ID 20908911

Style Craftsman

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1950

Annual Tax Amount $4,336

Lot Size 8,015 Sqft

Acres 0.184

Lot Dimensions 8,015 SQ ft.

Property Sub-Type Single Family Residence

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: 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.

Location

State TX

County Collin

Direction From Downtown McKinney Square, take Tennessee North 2 blocks, property is located on the Right side ( YELLOW 1 story Duplex).

Rooms

Dining Room 0

Interior

Interior Features Cable TV Available, High Speed Internet Available

Heating Other

Cooling Wall Unit(s)

Flooring Laminate, Tile

Appliance Electric Oven, Refrigerator

Heat Source Other

Exterior

Fence Partial, Wood

Utilities Available City Sewer, City Water, Concrete, Curbs

Roof Type Composition

Garage No

Building

Lot Description Interior Lot, Lrg. Backyard Grass

Story Multi/Split

Foundation Pillar/Post/Pier

Level or Stories Multi/Split

Structure Type Siding

Schools

Elementary Schools Caldwell

Middle Schools Faubion

High Schools Mckinney Boyd

School District Mckinney Isd

Others

Ownership SEE CAD

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20908911


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Susan Beers • Fathom Realty

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agent

Scott Griffis

+1(214) 307-2526

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