2017 Governor Nicholls St
New Orleans, LA 70116
3
Bedrooms
2
Bathrooms
1,740
Sq Ft
1920
Year Built
About This Property
Owner Financing/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 Owner financing available. Tenant-occupied investment opportunity in Treme featuring two residential units in a front structure and rear unit, with classic New Orleans character and upside potential. Convenient access to the French Quarter, Esplanade Avenue, downtown, and neighborhood amenities. Part of a larger portfolio of 13 rental properties for sale across New Orleans; available individually or in packages. Contact agent for details.
Property Details
Property Type
Multi_family
Year Built
1920
Lot Size
4,112.064 sq ft
HOA
None
Listed Price
$344,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in New Orleans
What is owner financing for 2017 Governor Nicholls St?
Owner financing means the seller of 2017 Governor Nicholls St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in New Orleans, LA is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this New Orleans home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this New Orleans property.