7308 Nichols Trail, Frisco, Collin County, Texas 75036, USA

Texas, Frisco
$8,950,000
  • 0.23 Acre
  • Commercial Sale Property Type
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Introducing 1499 & 1499A Nostrand Avenue two beautiful & brand new eight families side by side for 16 units in total. The building and each unit have been built with highest quality materials with tenant satisfaction in mind. There are 16 one bedroom units with the ground floor apartments being duplex units with backyard access. Each upstairs unit has front and back porches while the fourth floor apartments have mezzanine floors within the apartments & very high ceilings for maximization of floor to height ratio of useable square footage. The property was built in 2018, the C of O was just granted recently and there is a 421a tax abatement on the building for the next 35 years. 10 of the units are FM and 6 are RS. The yearly RR is 470,000.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20368005
  • Price: $8,950,000
  • Lot Area: 0.23 Acre
  • Status: Active
  • Office Name: Ebby Halliday, REALTORS
  • Agent Name: Kristina Vela
  • Property Sub Type: Commercial Building
  • Roof: Composition,Shingle
Features
  • Heating System Central,Natural Gas
  • Cooling System Central Air,Electric,Ceiling Fan(s)
  • Fence Wood,Fenced,Back Yard
  • Fireplace Gas,Living Room,Gas Starter,Decorative,Gas Logs,Stone
  • Patio Covered,Patio,Rear Porch
  • Parking Driveway,Garage,Garage Door Opener,Direct Access,Oversized,Covered,Concrete,Garage Faces Side,Kitchen Level,Lighted,Inside Entrance
  • Utilities Cable Available,Electricity Connected,Electricity Available,Phone Available,Natural Gas Available,Sewer Available,Underground Utilities,Asphalt,City Water,City Sewer,Curbs,Sidewalk,Concrete,Individual Gas Meter,Individual Water Meter,All Weather Road
  • Window Features Plantation Shutters,Bay Window(s)
  • Architectural Style Traditional
  • Exterior Features Lighting,Rain Gutters,Covered Patio/Porch,Private Yard
  • Fireplaces Total: 1
  • Flooring Carpet,Wood,Ceramic Tile
  • Interior Features Built-in Features,Open Floorplan,Walk-In Closet(s),Granite Counters,Pantry,Vaulted Ceiling(s),Kitchen Island,Eat-in Kitchen,Chandelier,Cable TV Available,Decorative Lighting,High Speed Internet Available,Double Vanity,Flat Screen Wiring,Sound System Wiring,In-Law Suite Floorplan
  • Laundry Features Washer Hookup,Electric Dryer Hookup,Utility Room,Full Size W/D Area
Appliances
  • Dishwasher
  • Disposal
  • Gas Cooktop
  • Microwave
  • Electric Oven
  • Double Oven
  • Plumbed For Gas in Kitchen
Address Map
  • Country US
  • State TX
  • County Denton
  • City Frisco
  • Zipcode 75036
  • Street: Nichols
  • Street Number: 7308
  • Street Suffix: Trail
  • Longitude: W97° 7' 33.5''
  • Latitude: N33° 8' 22.1''
Neighborhood
  • Elementary School: Nichols
  • High School: Reedy
  • Middle School: Pioneer
  • School District: Frisco ISD
Additional Information
  • Attached Garage: Yes
  • Community Features: Sidewalks,Pool,Park,Curbs,Fitness Center,Playground,Club House,Community Pool,Jogging Path/Bike Path,Greenbelt,Electric Car Charging Station
  • Construction Materials: Stucco,Brick,Rock/Stone
  • Foundation Details: Slab
  • Garage: 3
  • Levels: Two
  • Previous Price: 1199000.00
Financial
  • Association Fee: 192
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management Fees,Security,Full Use of Facilities,Front Yard Maintenance
Listing Information
  • List Agent Mls Id: 0698624
  • Listing Term: Cash,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
17°C Frisco
Monday, 25 November Clear Sky 16 / 18
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