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1735 Highway 618

Winnsboro, LA 71295

$289,000 $1,218/Mo

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Description

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.

Property Details

Property Type : Residential Income

Price : $289,000

AD Id : 76984706

MLS Id : 218911

Year Built : --

County : FRANKLIN

Map

What's Nearby

Nearby Areas

Features

Room Information

Basement: Crawl Space
Roofing Information

Metal
Interior Features

Ceiling Fan(s), Other Roof: Metal Appliances: Other, Electric Water Heater Laundry Features: In Unit
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

Building Information

Construction Materials: Brick Veneer Patio And Porch Features: Covered Private Pool: No

Property Information

Subdivision: OTHER Source Property Type: Residential Income Property SubType: Multi Family

Listing Price Information

Listing Price: $289000

Tax Information

Parcel Number: 0700687200 Tax Legal Desc: A CERTAIN PARCEL OF LAND SITUATED IN NE 1/4 OF NE 1/4 SEC.21, T14N, R.7E

Parking Information

Gravel

Utility Information

Propane
Location Information

Direction: From Winnsboro, go west on on Highway 130/Taylor Avenue for.2 miles. Turn right on Highway 618/Lone Cedar Road for 2 miles. Property is on the right, across from Riley Road. WaterSource: Public

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ByOwner last updated this listing 06/08/2026 @ 23:34

MLS: 218911 LISTED BY: Toby Kelley, Kelley Realty SOURCE: Northeast Louisiana Association of REALTORS