About This Home
This 5-bedroom, 5-bathroom multi-family at 1607 M Avenue in Plano, TX is listed for $975,000. Built in 1946, on a 0.36 acres lot.
Key Features
- Built in 1946
- 0.36 acre lot
- 10 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$5,215/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1607 M Avenue
Plano, TX 75074
Clint Forman Add
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom multi-family at 1607 M Avenue is listed at $975,000. The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1946, 0.36 acre lot, 10 parking spaces.
This property is listed by Chenchi Kuriakose and can be reached at (214) 232-4587.