Attention Investors! Income-Producing Property with Huge Development Potential in Winnsboro, LA! Check out this Investor special situated on 2 acres. This one of a kind property offers a rare combination of immediate rental income and massive development upside. Unlock the potential of this unique, multi-structure property designed for maximum return on investment. Featuring a renovated income-producing cottage and a large main structure ready for tri-plex conversion, The Cottage is a charming 2 bed/1 bath home that has been fully renovated, featuring a new roof, new windows, new HVAC, and a new septic system and is currently rented. The Main House is a large, nearly 5,000 sq ft structure designed for a tri-plex conversion. Features a new metal roof, new windows, and all new septic system. Plumbing is installed for all three units, with Condo A 75% complete. Condos B & C are gutted and ready for your finishing touches. The land is expansive acreage with endless possibilities—perfect for developing additional housing or setting up RV/camper parking. This property is being sold "as-is, where-is" and is ready for an investor to take it to the finish line. Please do not approach tenant and call for a private showing.
102 days
|
86
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Toby Kelley,
Kelley Realty
Source: NELAR,MLS#: 218911
Facts & features
Interior
Heating
Central
Cooling
Central Air
Appliances
Included: Other, Electric Water Heater
Laundry: In Unit
Features
Ceiling Fan(s), Other
Basement: Crawl Space
Has fireplace: No
Fireplace features: None
Property
Parking
Parking features: Gravel
Has uncovered spaces: Yes
Features
Patio & porch: Porch Covered
Details
Additional structures: Apartment
Parcel number: 0700687200
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick Veneer
Roof: Metal
Utilities & green energy
Electric: Separate Meters, Electric Company: Entergy
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.