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, creating a clear path to increased density and long-term value.
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Winnie is located in Texas. Winnie, Texas has a population of 2,366. Winnie is less family-centric than the surrounding county with 27.12% of the households containing married families with children. The county average for households married with children is 40.61%.
The median household income in Winnie, Texas is $60,587. The median household income for the surrounding county is $93,707 compared to the national median of $69,021. The median age of people living in Winnie is 48.4 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 58.4 inches per year, with 0 inches of snow per year.