11 photos
$339,000
1736A General Ogden St
New Orleans, LA 70118
Christopher Talbot, Talbot Realty Group · (504) 319-1452
What the listing says
Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5 . Income-producing duplex in the Leonidas/Carrollton area offering immediate rental revenue and long-term upside. This two-unit property contains approximately 3,124 SF on a 3,600 SF lot and is zoned HU-RD2 Historic Urban Two-Family Residential. Currently tenant occupied with total rents of approximately $2,700 per month. Well located with convenient access to Carrollton, Uptown, universities, dining, shopping, and major thoroughfares. Property is also part of a larger portfolio offering and may be purchased individually or in packages; see agent for details.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi_family
Lot Size
3,598.056 sq ft
HOA
None
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Questions about owner financing in New Orleans
What is owner financing for 1736A General Ogden St?
Owner financing means the seller of 1736A General Ogden 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.