369 Chestnut, Winnie, Texas

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, creating a clear path to increased density and long-term value.

Directions: I-10 East take Exit 828 to TX73 towards the right, Take TX124 South, Turn left on E Chestnut, property is on the left.