Owner Finance Available
2924 Republic St
New Orleans, LA 70119
🛏️
6
Bedrooms
🚿
4
Bathrooms
📏
1,992
Sq Ft
📅
1941
Year Built
New Orleans, LA 70119
6
Bedrooms
4
Bathrooms
1,992
Sq Ft
1941
Year Built
Great opportunity for buyers looking to avoid Standard financing. Bond for deed terms are as follows: only 15% down payment, 1st 2nd and 3rd year @ 6% interest rate and year and 4th & 5th @ 7% interest rate, 15 year amortization! Take advantage of unique seller financing options for this income generating New Orleans double each side of this well-maintained property features three bedrooms and one and a half bath with separate meters for convenience. Currently the property is rented for a total of $3271 per month providing immediate cash flow. This charming New Orleans double features a four years old roof providing peace of mind for the next owner . Located just five minutes from the renowned New Orleans Fairgrounds home to the famous jazz fest Gentilly gate. This property offers the blend of urban living and cultural fiber. You ll also be minutes away from city Park and a quick 15 minute drive will bring you to the heart of the French Quarter a great investment opportunity in a prime location with strong rental income. Whether you are an investor or a buyer looking for income producing property this one is for you. Don t miss out on this opportunity. Measurements are approximate and should be verified by purchaser and/or buyers agent.
Property Type
Multi_family
Year Built
1941
HOA
None
Listed Price
$299,000
Free account - No credit card required
Owner financing means the seller of 2924 Republic 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.
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 New Orleans property.