607 W Erwin Avenue
McKinney, TX 75069
- 4 beds
- 2 baths
- – sqft
- 5,227 sqft lot
- 1960 build
- – on site
Introducing an exceptional investment opportunity at 607 W Erwin Avenue and 1212 College Street, nestled in the heart of McKinney, Texas. This unique offering encompasses two leased units on a single lot, presenting a rare chance to acquire two properties for the price of one. Currently generating a NOI of 6% with both rents currently below market value, this is a lucrative asset for any investor seeking to expand their portfolio in the thriving McKinney area. In 2020, both units received new roofs and new paint. 1212 College Street: This unit is currently under lease for $1,200 a month until February 28, 2025. It boasts a comfortable living space that accommodates tenants with ease and convenience. 607 W Erwin Avenue: Extensively updated in 2020, this unit shines with a brand-new kitchen, a new bathroom, a fresh coat of paint, new windows, and updated flooring throughout. Currently leased for $1,550 a month until December 31, 2024, it offers a modern and inviting living environment.
Listing courtesy of NTREIS / The Joyce Realty Group
Last checked:
Checking…
•
Last updated Apr 22, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 20560162 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/24
Mar 28, 2024
|
Listed / Active | NTREIS | $405,000 | |
3/30/18
Mar 30, 2018
|
Sold | NTREIS |