247 Melius Drive

Rare Opportunity To Acquire An Oversized Lot In Reserve, Measuring 78 X 171 Feet, Approximately 0.31 Acres, One Of The Larger Footprints Available In This Part Of St. John The Baptist Parish. The Property Sits In A X Flood Zone, Which Can Mean A Meaningful Difference In Insurance Cost Compared To Many Nearby Properties, And Offers A Strong Foundation For A Full Renovation Or Rebuild Project.despite Its Current Condition, The Property Retains Real Value. An Attached Two-car Garage And A Covered Rear Patio Remain In Place, And The Oversized Lot Leaves Ample Room To Rebuild, Expand, Or Reconfigure The Footprint Entirely. This Home Falls Within The St. John The Baptist Parish School System And Is Convenient To River Parishes Shopping And Dining, With Easy Access To Both New Orleans And Baton Rouge Via I-10.this Is A Full Rehabilitation Project Best Financed With Cash Or A Renovation-style Loan Such As An Fha 203k Or Hard Money Rehab Product. Interior Conditions Present Safety Hazards; Do Not Enter Without An Agent Present. A Lot And Location Like This, At This Size, Is Not Easy To Find In Reserve. Bring Your Contractor And Your Vision..
* Monthly Mortgage approximation does not include taxes, insurance, PMI, etc. All information on this website should be considered reliable, but not guaranteed.
The W Group Real Estate LLC
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