$550,000/mo

1607 M Avenue, Plano, TX 75074

  • 3,008 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

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 Status:
Active
Listing Office:
EXP REALTY : 888-519-7431
Listing Agent:
Shelley Wang :
MLS ID:
21110022
  • General: High Speed Internet
  • Appliances: Electric CooktopElectric Oven
  • Flooring: CarpetLuxury Vinyl Plank
  • A/C: Window Unit(s)
  • Heating: Other
  • Pool: None
  • Parking: CoveredCarportParking spaces: 10
  • Roofing: Composition
  • General: BrickWood Siding1Pillar/Post/Pier
  • Originating MLS: NTR
  • School District: Plano ISD
  • County: Collin
  • Zoning: CLINT FORMAN ADDITION (CPL)BLOCK 6LOT 4AR0160006004A1
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Shelley Wang, EXP REALTY

Location

Schools Nearby

M

Mendenhall Elementary School

1330 19th St, Plano, TX, 75074

Grades KG-5

0.24 miles away

A

Allan K & Carolyn H Bird Education Center

1300 19th St, Plano, TX, 75074

Grades KG-8

0.20 miles away

W

Williams High School

1717 17th St, Plano, TX, 75074

Grades 9-10

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.