About this Property

2 HOMES FOR THE PRICE OF 1! BOTH 100% LEASED UNTIL THE END OF THE YEAR! Both 607 W Erwin Avenue and 1212 College Street located near downtown McKinney, Texas. This offering encompasses two leased units on a single lot, presenting a rare chance to acquire two properties for the price of one. Currently generating a NOI of 6.43% with both rents currently below market value. In 2020, both units received new roofs and new paint. 1212 College Street: This unit is currently under lease for $1,200 a month until February 28, 2025. It boasts a comfortable living space that accommodates tenants with ease and convenience. 607 W Erwin Avenue: Extensively updated in 2020, this unit shines with a brand-new kitchen, a new bathroom, a fresh coat of paint, new windows, and updated flooring throughout. Currently leased for $1,550 a month until December 31, 2024, it offers a modern and inviting living environment.