540 Lafitte Street

Description

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 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.