Plano, TX 75074,1607 M Avenue
$400,000
Est.Price: ?

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5 BD
5 BA
3,008 SqFt

1607 M Avenue Plano, TX 75074

Est. payment /mo
SOLD DATE : 03/02/2020

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $132

Subdivision Clint Forman Add

MLS Listing ID 14217141

Bedrooms 5

Full Baths 5

Year Built 1946

Annual Tax Amount $5,292

Lot Size 0.363 Acres

Property Description

LAST CHANCE! OPEN PREVIEW 1-3PM THIS SUN NOV 10th. HIGHEST AND BEST OFFER DEADLINE THIS MON NOV 11th, 5PM. Fantastic Investment opportunity in the heart of Plano! This is a rare find. A fully leased 5 PLEX that currently generates great cash flow. However, the real potential is in the ability to renovate and increase the net profit substantially. The rent pool in this area is stable and looking to improve as nearby developments are completed, including the redevelopment of Collin Creek Mall area. The property is on over a third of an acre and has the potential for expansion with the large open space in the rear. The sky is the limit!Property is being sold AS-IS and seller is looking for a quick close.

Location

State TX

County Collin

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric, Window Unit(s)

Exterior

Fence Partial, Wood

Utilities Available City Sewer, City Water

Roof Type Composition

Building

Lot Description Interior Lot

Story One

Foundation Pillar/Post/Pier

Structure Type Brick,Wood

Schools

Elementary Schools Mendenhall

Middle Schools Otto

High Schools Plano East

School District Plano Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Thomas Merritt • East Plano Realty, LLC
Bought with Shelley Wang • Tong-Parsons Realty

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Tia Hicks

Agent | License ID: 816807

+1(469) 544-5076

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