60% OFF - Combo Deal | Duplex and a lot.

610 9th St, Winnie, TX 77665

$245,000 After Repair Value -
$100,000 Asking Price -
$25,000 Cost of Repairs =
$120,000 Potential Profit

Property Details

Asking Price $100,000

After Repair Value $245,000

Costs of Repairs $25,000

Potential Profit $120,000

Living Area 2100 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Property is located in the heart of Winnie, TX. 5 min drive from main freeway I-10. Property is great opportunity for Rental. Duplex is on a beautiful 0.38 acre land. Both units have 2bed 1 bath totaling 2100 sqft of living space. On the other half of the property there’s a driveway, water, gas and electricity connection which can be used to put another duplex/mobile home. Unit A of the duplex is rented out already and Unit B needs cosmetic update.

Property Overview:

- 2100 SQFT Duplex ($800/unit)
- 1050 SQFT per unit
- Each has 2 bed and 1 bath.
- Land Area: 0.38 Acre.
- Comes with lot beside it which already has a driveway as well as gas, water and electricity connection.
- Lot can be used for mobile home, duplex or new construction.
- New Roof, windows and side walls installed already.

Rehab Overview:

- $25K in cosmetics.
- Unit with tenant needs an upgrade.
- Vacant unit needs minor repairs.

Repairs Needed

Unit A - Needs to be updated with current style. \r\n\r\nUnit B - New walls, Roof and paint has been done needs to be completed.

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