FOR SALE: 1909 Victorian Fixer Upper - Natchez, MS

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We are back in beautiful historic Natchez, Mississippi this week for another stunning Victorian Fixer-Upper. Rarely do we find fixers that are in the absolute perfect location: walking distance to dining and entertainment, but here it is! This beautiful home sits one door down from one of the most iconic homes in Natchez, and just across the street from a National Historic Landmark. It is one of a row of Victorian beauties that makes up a movie set like block. Speaking of movie sets, did we mention a Hallmark movie was filmed here? We didn’t? Well, it was!

And this is our FAVORITE kind of fixer; a fixer that hasn’t been remuddled over the years. This home retains its original unpainted woodwork, Victorian mantels, tilework, and its unaltered gasoliers! All those impossible to find features are still here for one reason; the previous owner lived here her whole life and lived to the ripe old age of 92! She worked for the city of Natchez, for the assessor’s office, from 1947 until 1991. Can you imagine that kind of dedication?

Now, we’ve told you the good, but let’s talk about the bad. First, there is one bathroom (and one toilet) in this entire house. That means you’ll need to add a couple more. The good news is that the plumbing is already run to areas that could easily be converted to baths or is existing very close to. Secondly, there is some massive foundation failure in the center left of the foundation. We couldn’t do an eyes on inspection, but we suspect a failed pier or sill beam. Either way, the problem is fixable and at the listing price this house has PLENTY of room for the needed improvements.

Let’s talk about money. How much will it cost you to completely rehabilitate this home? We always assume you’ll be doing a good deal of DIY, because that’s how we roll. We truly believe you can complete the work on this home for between 200,000 and 250,000 absolutely maxiumum…and that number could be high. However, with the location of this home and its size, this house post rehabilitation would be valued at 450,000-500,000, leaving you anywhere from 25,000-75,000 right side up.

As always, we remind you that we are not realtors, and we do not represent this home or make any guarantees about its condition or availability. If you’d like to learn how to finance both the purchase price and the rehab in one loan check out our book at ourrestorationnation.com. To watch us tackle these same issues and solve these problems as we rehabilitate and restore our own homes make sure to watch our Restoring Our Victorian series!

$175,000 4 bd, 1 ba, 3,890 sqft

Listed by: Charlotte Copeland
Century 21 River Cities 601-446-6474

Zillow: https://www.zillow.com/homedetails/40...

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