1222 S Salcedo St
New Orleans, LA 70125
8
Bedrooms
4
Bathrooms
3,842
Sq Ft
1922
Year Built
About This Property
Owner financing available. Tenant-occupied 3-unit multifamily investment opportunity generating $4,395 per month in current gross rental income. This income-producing property offers approximately 3,842 square feet, off-street parking, updated interiors, and a flexible multi-unit layout in a convenient New Orleans location. Strong in-place cash flow and value-add potential make this a solid opportunity for investors. This property is part of a larger portfolio sale, please reach out for the full list of properties.
Property Details
Property Type
Multi_family
Year Built
1922
Lot Size
4,356 sq ft
HOA
None
Listed Price
$569,000
Owner financing
This listing mentions owner financing. Terms are set by each seller and are negotiable. Verify availability and terms with the seller or their agent.
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Frequently Asked Questions About Owner Financing in New Orleans
What is owner financing for 1222 S Salcedo St?
Owner financing means the seller of 1222 S Salcedo St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this New Orleans, LA home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this New Orleans home?
There is no standard down payment. The seller of this New Orleans home sets their own, and it is negotiable. Ask the seller or their agent.