704 N Tennessee Street
McKinney, TX 75069
$350,000
3 Beds
2 Baths
1,376 sq ft
MLS 20908767
$350,000
MLS 20908767
3
Beds
2
Baths
1,376
Sq Ft
About this home
Investment Opportunity in Historic Downtown McKinney Located less than half a mile from the charming Downtown McKinney Square, this property offers walkable access to boutique shops, restaurants, and year-round entertainment. The surrounding area is experiencing significant growth, with a vibrant mix of new retail and residential developments enhancing its appeal. This duplex features two units: Unit A: 2 bedrooms, 1 bathroom (750 Sq. FT ) & Unit B: 1 bedroom, 1 bathroom ( 626 Sq. FT) Lot size 7,927 Sq ft. Each unit is equipped with mini-split systems throughout for efficient heating and cooling. Duplex shares a large partially fenced backyard. Unit A. updated kitchen butcher board countertops, white Samsung dishwasher, and updated sink faucet, tile floors and wood flooring in living, and the two bedrooms. 704 B. not updated, tenant has been there for 10 years. The seller is offering this duplex and two others duplexes- 706, and 708 N. Tennessee—all located in a Business Neighborhood (BN) zoning district, ideal for long-term investment or redevelopment. All units are tenant-occupied, providing immediate income potential. This is an excellent opportunity for investors or developers looking to capitalize on the continued growth of the Downtown McKinney area. Inquire about package deal pricing for all three duplexes. Seller is selling the property AS IS. Unit 704 A lease $1650 a month, with lease valid thoryhg May 31, 2026. Unit 704B $1090 a month, month to month Annual Gross Income $31,080 with Gross Expense yearly property tax of $4,207, and Annual Insurance Expense is $3,200. Annual Net Income is $23,673. Showings will be scheduled on a designated weekday EACH WEEK. Please contact co-listing agent Jacqueline at 214-449-2255.
On the market for 58 days
Single Family built in 1950
.5 sq ft lot
$254 per sq ft
No Pool
Highlights
Summary of the property details
Beds:
3
Baths:
2
Sq. Ft:
1,376
Stories:
1
Year Built:
1950
County:
Collin
Last updated Jun 5, 2025
Property details
Parking, utilities, etc for the listing
General
Restrictions
Additional Fee:
N/A
Restrictions:
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Disclosures:
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Construction
Year Built:
1950
New Construction:
N/A
Subdivision:
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Area:
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Master Planned:
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Style:
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Type:
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Sub Type:
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Interior
Virtual Tour
Garage Type:
N/A
Bedroom Information
# of Bedrooms:
3
Bathroom Information
# of Baths (Full):
N/A
Fireplace Information
# of Fireplaces:
N/A
Fireplaces Description:
N/A
Interior Features
Room Description:
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Bedroom Description:
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Kitchen Description:
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Dishwater:
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Range Type:
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Oven Type:
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Disposal:
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Compactor:
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Countertops:
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Cable:
N/A
Cool System:
N/A
Appliances:
Electric Oven, Refrigerator
Loft:
N/A
Furnished:
N/A
Floors:
N/A
Exterior
Pool
Private Pool:
N/A
Pool Area:
N/A
Exterior Features
Features:
N/A
Water / Sewer:
N/A
Building Stories:
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Complex Access:
N/A
Lot Description:
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Parking Information
# of Garage Parking Spaces:
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Parking Desc:
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Garage Carport:
N/A
Rental
Application Fee:
N/A
Rental Terms:
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Smoking Allowed:
N/A
Deposit Pet:
N/A
Pets Allowed:
N/A
Schools
Caldwell Elementary School
Elementary
Unknown Middle School
Middle
Unknown High School
High School
Location
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Listed By
Fathom Realty
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