Waterfront Townhome in Madisonville!

127 Hwy. 22, #N-12, Madisonville, LA 70447

Photos


Visit the “More Photos” tab below to see larger images.

Brief Description

Unobstructed views of the Tchefuncte River!

1790 +/- SF w/ 2 beds & 2 baths

Online auction Thurs., Feb. 22nd 

Open House Inspection:  Saturday, Feb. 17th – 11 a.m. – 1 p.m.

Share


Details

Waterfront Townhome with Unobstructed views of the Tchefuncte River!

127 Hwy. 22, #N-12, Madisonville, LA  70447

Online Auction Thurs., Feb., 22nd

This townhome includes:

  • 1790 +/- sf
  • 2 beds/2 baths and 2 half baths
  • Turnkey
  • Furniture, TV’s, kitchen small wares included
  • Has generated $2250 per month in rent
  • Covered boat slip – can accommodate 40′ boat
  • Inner Harbor
  • Gated with pool, clubhouse & tennis courts
  • 2 car carport
  • Many mistakenly refer to these as condominiums, when they are actually fee-simple townhomes.
  • The HOA is responsible for the maintenance of the building roofs.
  • HOA fee is $400 per month which includes water, sewerage, trash collection, pest & termite control, common area maintenance/insurance (pool, tennis courts, club room driveways & docks)
  • Individual owners are responsible for the maintenance of the rest of their property
  • HOA master insurance includes wind/hail for roof
  • The HOA has recently connected to municipal water but has a private septic system
  • They will soon start infrastructure repairs to some of the main drives and parts of the bulkhead along the river
  • The ground floors are not covered by flood insurance.  Most units insure the upper floors with the same company with a $440 annual policy
  • The property is managed by Property-One who provides an on-site maintenance person.
  • Additional slips are available for sale on the center pier of the harbor

Lot size:  20′ x 80′

Legal Description:  Unit 12, Block N, Tchefuncte Harbour, St. Tammany Parish, Louisiana

Open House Inspection:  Saturday, February 17th – 11 a.m. – 1 p.m.

This property is selling “Subject to Seller Confirmation” with reserve, within 2 business days of signed Purchase Agreement from the buyer.

Directions: From Hwy. 22 just east of the Tchefuncte River, enter the development, drive straight to the river, left at building “N”.

Terms:  10% Down, 7% Buyer’s Premium, “As is, where is”, Close in 30 days.

Starting Bid:  $199,000

CLICK HERE FOR ADDITIONAL TERMS & CONDITIONS

 

Featured Images

Click on any image to view larger.

Gallery: Tchefuncte Townhome

Click on any image to view larger.

Auction Terms

10% Down, 7% Buyer’s Premium, “As is, Where is”, Close in 30 Days.

This property is selling “Subject to Seller Confirmation” with reserve, within 2 business days of signed Purchase Agreement from the buyer.

CLICK HERE FOR ADDITIONAL TERMS & CONDITIONS

Directions

From Hwy.22 just east of the Techefuncte River, enter the development, drive straight to the river, left at building “N”.

Map

Your auction should be printing now. If not, please click here.

AuctionServices
3316 Florida Ave. Suite 201 • Kenner, Louisiana 70065 USA
Phone (504) 468-6800 •Fax (504) 468-6811

Broker: David E. Gilmore
Licensed By The Louisiana Real Estate Commission
Licensed in Louisiana, Mississippi, Arkansas and Oklahoma
A Division of Gilmore-Braud Companies

Auctioneer: David E. Gilmore
Licensed in: Alabama #1832 • Arkansas #1979 • Louisiana #0447
Mississippi #378/641F • Texas #11136


Visit Us On FacebookVisit Us On TwitterVisit Us On Google PlusVisit Us On YoutubeVisit Us On LinkedinCheck Our Feed