Owner Finance Available
209 Kent Ave
Metairie, LA 70001
🛏️
4
Bedrooms
🚿
3
Bathrooms
📏
1,941
Sq Ft
📅
1960
Year Built
Metairie, LA 70001
4
Bedrooms
3
Bathrooms
1,941
Sq Ft
1960
Year Built
Great investment opportunity as this property is zoned commercial along with 203 Kent which is also for sale. Each property may be sold individually. This is a free standing two unit house with a detached third unit. Owner finance with the following terms: A 20% down payment with the balance amortized over 20 years at 6.5% with a 10% prepayment penalty of the balance for the first 10 years. Buyer must show proof of down payment funds before property can be shown, no other qualifying is necessary. Windstorm insurance not necessary. Property is tenant occupied.
Property Type
Multi_family
Year Built
1960
HOA
None
Listed Price
$350,000
Free account - No credit card required
Owner financing means the seller of 209 Kent Ave acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Metairie, LA is available with owner financing terms.
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.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Metairie property.