Rare package deal featuring two single-family homes plus four city lots, offering immediate income potential and significant room for expansion. This includes 607 2nd Street along with 1101 Gum Street, a 2-bedroom, 1-bath home providing multiple structures and land in one purchase. 607 2nd Street is currently rented at $700/month, with room for rental increase. 1101 Gum Street has previously rented for $625/month. The Land at 607 Second Street provides room for income potential. This one deal could fund your retirement if done correctly. Both homes offer functional layouts with updated flooring and neutral interiors, making them ideal for rental use or value-add improvements. The additional four lots create strong development potential, with options to add more rental units, place mobile homes, or pursue a larger multi-unit project. The property features road frontage on three sides, allowing for flexible access, layout, and future site planning. There is ample space to accommodate additional structures and parking, maximizing the overall income potential of the property. Whether you're expanding your portfolio or looking for a project with long-term upside, this property delivers versatility, scale, and opportunity in one package.
Winnsboro is located in Louisiana. Winnsboro, Louisiana has a population of 4,891. Winnsboro is less family-centric than the surrounding county with 17.88% of the households containing married families with children. The county average for households married with children is 25.01%.
The median household income in Winnsboro, Louisiana is $22,446. The median household income for the surrounding county is $38,250 compared to the national median of $69,021. The median age of people living in Winnsboro is 29.9 years.
The average high temperature in July is 92.8 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 57.6 inches per year, with 0.4 inches of snow per year.
