540 LAFITTE Street, Mandeville, LA 70448

$235,000 Asking Price

2 beds
1 bath
1,300  sqft
Built in 1932

Commercial/Residential lot in high demand Old Mandeville located by Mandeville Trailhead. HISTORICAL HOUSE, HOUSE NEEDS TOTAL RESTORATION, OVERSIZE LOT. MUST GO THROUGH MANDEVILLE HISTORIC ASSOCATION FOR GUIDELINES. An excellent chance awaits to reside, work, and enjoy life in the heart of the Old Mandeville Business District (B3). Located merely 5 blocks away from the picturesque Mandeville Lakefront and a mere 1/2 block from the Mandeville Trailhead, this property boasts exceptional residential and commercial prospects. Offered at a price to make this property your own. Moreover, there's significant potential for Historic Tax Credits, Historic Property Tax Abatement and Section 179 Bonus Depreciation for renovations. Historic Tax Credits: Tax Incentives | Division of Historic Preservation (state.la.us) Historic Property Tax Abatement: Tax Abatements | Division of Historic Preservation (state.la.us) Section 179 Bonus Depreciation: Publication 946 (2022), How To Depreciate Property | Internal Revenue Service (irs.gov). For more information, visit: https://www.crt.state.la.us/cultural-development/historic-preservation/grants. DO NOT ENTER THE HOUSE WITHOUT AN HOLD HARMLESS RELEASE AUTHORIZATION FORM SIGNED.


Features & Amenities

Interior

Basement:
Piers Found
A/C:
Window Units Cool
Heating:
Other Heat

Exterior

General:
Wood Siding, Porch
Style:
Cottage Style

Construction

Roofing:
Metal Roof
General:
1

Location

HOA Amenities:
12.0000-12.0000
County:
ST. TAMMANY

Lot

Driveway:
Driveway
Zoning:
LOT MEAS 50X200 SQ 35 MANDEVILLE CB 910 839

Utilities

Utilities:
ELEC: CLECO,GAS: None
Water:
Public Sewer,Public Water
Sewer:
Public Sewer,Public Water

This listing courtesy of:
LATTER & BLUM (LATT27)

About Mandeville, LA

Housing

Number of Units
18,641
Median Home Value
$296,925
Median Rent
$1,051

25.01% of housing units are renter occupied.

6.49% are vacant.

Commute

Car
60.69%
Public Transportation
0.19%
Walk to Work
0.39%
Work from Home
37.83%
Other
0.83%

The median travel time to work is 19 minutes.

People

Population
45,710
Median Age
40.00
Median Household Size
2.91

Education

High School
20.00%
Associate’s Degree
6.48%
Bachelor’s Degree
30.40%
Graduate Degree
17.92%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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