369 E Chestnut St, Winnie, TX 77665

$170,000
1
BD
1
BA
572
SqFt

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List Price
$170,000
Status
ACTIVE
MLS#
3555981
Days on Market
226
Year Built
2017
Bedrooms
1
Bathrooms
1
Full-baths
1
Living Area
572
Lot Size
21,980
Lot Size Source
Appraiser
Subdivision
Winnie Townsite
Region
53
Market Area
Chambers County East
County
Chambers

Property Description

Income-Producing Multifamily W/ Expansion Potential Just off I-10 Turn-key multifamily investment on a corner lot just over half an acre, offering immediate cash flow with future upside. Located just off I-10 along the route to Bolivar Peninsula and nearby industrial plants, supporting both long-term and short-term rental demand.The property includes two well-maintained 1-bedroom, 1-bath units, each with a living area, kitchen, full bath, and private bedroom. Both units are tenant occupied on month-to-month leases, providing flexibility for rent increases, STR conversion, or owner-operator use. Unit 367 offers two mini-splits, a covered porch with handicap-accessible ramp and stairs, and a long-term tenant of over three years. Unit 369 features stair access and one mini-split. A detached utility building provides water heaters, washer/dryer, and tenant storage. The property is approved for two additional buildings.

Additional Information

Finance Available
Cash, Conventional, Owner May Carry
Taxes
$3,715
Neighborhood
Chambers County East
Interior Features
Laminate Counters
Heating
Other
Cooling
Other
Stories
1
Utilities
Electricity Available, Water Available
Lot Description
Cleared, Corner Lot
Appliances
Refrigerator
Roof
Metal
School District
East Chambers
Elementary School
East Chambers Elementary School
Middle School
East Chambers J H
High School
East Chambers High School

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Universal.