148 Hwy 1077 Highway
Madisonville, LA 70447

Calling all investors, architectural buffs, flippers, and folks that know a heck of deal when they see one! This 1800 sq. ft. Two story, charming cottage is truly, a diamond in the rough and MUST be seen to be appreciated! The house has had the entire foundation redone, which required that the house be lifted and new support blocks placed under the house, The blocks are resting upon a concrete chain wall that was installed. The cost to complete this portion of the renovation this was in excess of $40,000. New interior support beams were also installed and the rooms were stripped down to the studs. The sellers fully intended to completely renovate the property and move into it, however, in the process of the renovation, they inherited a home and decided to move into it instead. They are offering the house, as is, on the large 90 x 300 lot for just $149,000, with the adjacent 90 x 300 lot also for sale for an additional $125,000. The house has great bones and appears to have mature cypress beams and cypress exterior. A sizeable portion of the metal roof has also already been replaced. The house is just waiting for the right buyer to come along and give it the love and attention that it deserves! The sellers are wiling to share the plans and specs that they have, which the new buyer may find helpful.

Property Features