Owner Finance Available
3215 Dryades St
New Orleans, LA 70115
🛏️
6
Bedrooms
🚿
6
Bathrooms
📏
2,700
Sq Ft
📅
2000
Year Built
New Orleans, LA 70115
6
Bedrooms
6
Bathrooms
2,700
Sq Ft
2000
Year Built
Bridgewater Realty Advisors is pleased to present 3215 Dryades Street, a well-maintained six-unit multifamily property located in the desirable Central City neighborhood of New Orleans. The asset consists of six (6) one-bedroom, one-bathroom units, each offering a thoughtful blend of modern conveniences and comfortable, functional living space. This property is ideally suited for investors seeking a true turnkey multifamily opportunity. The asset has historically maintained strong occupancy and offers upside potential through future rental rate growth, making it a compelling addition to a long-term investment portfolio. Situated in a highly sought-after Central City submarket, the property provides stable cash flow and long-term security, with the added benefit of being acquired below replacement cost. Further enhancing its appeal, the offering includes attractive seller financing with 25% down, a 30-year amortization, a 3 5 year balloon, and a negotiable interest rate, positioning this investment as both resilient and flexible for qualified buyers. The information provided herein has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy or completeness of the information.
Property Type
Multi_family
Year Built
2000
HOA
None
Listed Price
$580,000
Free account - No credit card required
Owner financing means the seller of 3215 Dryades 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.