1607 M Ave, Plano, TX 75074

$975,000
5
BD
5
BA

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List Price
$975,000
MLS#
21372706
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
1946
Construction Status
Preowned
Bedrooms
5
Full Baths
5
Acres
0.36
County
Collin
City
Plano
Subdivision
Clint Forman Add
Building Name
1607 M Ave

Property Description

Fully renovated five-unit multifamily investment opportunity in Plano, Texas, situated on approximately 0.36 acres. This property has been extensively rebuilt and renovated from the framing, with major improvements including new flooring, ceilings, kitchens, cabinetry, bathrooms, appliances, and a Class 3 impact-resistant roof. Offering approximately 3,008 square feet, the property is in turnkey condition and positioned for strong long-term investment potential. Conveniently located near the major Collin Creek Mall redevelopment and other area improvements. A large open area at the rear of the property may provide potential for additional multifamily expansion or other future development, subject to zoning, permitting, and City of Plano approval. Short-term rental use may also be possible, subject to applicable laws and regulations. Buyer to independently verify all development, zoning, rental, and use possibilities.

Additional Information

Unexempt Taxes
$7,101
Lot Size
15,812
Acres
0.36
Lot Description
Back Yard, Lawn
Interior Features
Other
Flooring
Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Pool Features
None
Carport Spaces
4
Parking Garage
Additional Parking, Asphalt, Detached, Driveway
School District
Plano Isd
Elementary School
Mendenhall
Middle School
Otto
High School
Williams, Plano East
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Chenchi Kuriakose from Stride Real Estate, LLC. Contact: 469-329-0962

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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