307 W Main Street, Allen, Texas 75013

$379,900
2
BD
List Price
$379,900
Price Change
▼ $20,000 1614642424
MLS#
14507218
Status
ACTIVE
Type
Multifamily
Year Built
1958
Construction Status
Preowned
Bedrooms
2
Full Baths
1
Half Baths
1
Acres
0.25
County
Collin
Area
ALLEN AREA (51)
City
Allen
Subdivision
Whisenant J M
Building Name
Duplex

Property Description

LOCATION!!!! CENTRAL BUSINESS DISTRICT, across from doctor's office and on a .24 corner lot! Perfect office for doctors, dentists, chiropractors, vets, retail, etc. Great Investment, short and long-term. Current use is duplex with rents at 1175 and 1200, month-to-month. Higher value is in the land. Enjoy income while the land appreciates. Detached garage isn't in either lease but could be a separate converted space!!! Two fenced yards.

Additional Information

Unexempt Taxes
$5,985
HOA
No HOA
Amenities
Fireplace
Annual Insurance
1600
Gross Annual Expenses
7500
Gross Annual Income
28500
Lot Size
10,715
Acres
0.25
Lot Description
Corner
Subdivided
No
Interior Features
Cable TV Available
Flooring
Ceramic Tile, Laminate, Wood
Foundation
Pier & Beam, Slab
Roof
Composition
Stories
1
Fireplaces
1
Fireplace Type
Wood Burning
Street Utilities
City Sewer, City Water, Concrete, Curbs, Individual Gas Meter, Individual Water Meter
Heating Cooling
Central Air-Elec, Central Heat-Elec, Central Heat-Gas
Exterior
Patio Covered
Construction Material
Siding
Parking Garage
Detached, Garage, On Street
Total Num Parking
4
School District
Allen Isd (Tx) Isd
Middle School
Ereckson
High School
Allen
Building Sq. Ft.
2084
Number of bldgs.
2
Number of units
2
Occupancy Rate
100
Tenancy
Month to Month
Possession
Closing/Funding
Cap Rate
5.53

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of James Delagarza.