
4633 Lafaye St
New Orleans, LA 70122
7
Bedrooms
4
Bathrooms
4,076
Sq Ft
1920
Year Built
About This Property
This spacious triplex is located in historic Gentilly Terrace and retains all its original architectural details and charm. We affectionately call it The Compound" due to all the various spaces: Main building with two units, porch and balcony plus unfinished basement; the carriage house with an apartment on the second floor and garage and laundry underneath; and a large, detached garage/workspace. This property has lots of flexibility and would be ideal for owner occupied or investment purposes. We are offering owner finance lending and will also consider pre-qualified buyers. Purchase price and terms will depend on which option is right for you. We are motivated to sell. Make us an offer! If this one doesn't seem to be the right fit please reach out anyway because we may have another in our curated inventory that might be just right for you. Features: 3 units/Triplex, 7 bedrooms, 3.5 bathrooms 4,076 SqFt interior space, 9,000 SqFt lot Huge front porch and balcony Multi-car driveway Large, unattached garage/workspace Second, smaller unattached garage and an additional workspace Unfinished basement area Unit 1 4633 Lafaye Street 1st Floor 1600 SQ FT 2 bedrooms, 1.5 baths Rents for $1,800 This apartment features incredible architectural appeal inside and out. When you enter the foyer, you are met with built-in wood bookcases and spiral, plaster columns. The living room leads to the half bath, hallway and a side room with a separate entrance. The versatile floor plan has two bedrooms with a study off of the master, and one and one-half baths. Some amenities include refrigerator, stove, dishwasher, microwave, custom cabinetry, central a/c and heat, washer/dryer, oak and tile floors, ceiling fans, plaster columns, built-in shelving, window treatments and high ceilings. There is a beautiful covered shady front porch with a swing. Unit 2 4635 Lafaye Street 2nd Floor 1900 SQ FT 2 bedroom, 1 bath Rents for $1,800 When you enter the unit from the front porch, there s a large foyer area which leads to the stairs. At the top of the stairs is a hallway to the right which leads into a large living room and dining room, separated by an archway with beautiful columns. Both rooms overlook the huge balcony. Off the hallway are the two bedrooms. The back bedroom has a smaller attached room that could be used as a study, studio or nursery. The kitchen has a gas stove, double wall oven, fridge, dishwasher and garbage disposal. On the other side of the countertop pass through is a nice sized breakfast area. The back balcony and stairs are just off the breakfast area. Tucked away in a built-in cabinet are the washer, dryer and a pantry. Unit 3 4633-1/2 Lafaye Street Carriage House 650 SQ FT 1 bedroom, 1 bath Second Floor Rents for $1400 This historic carriage house offers an upstairs apartment with no shared walls!! It is an energy efficient one bedroom one bath unit with glorious windows and tons of natural light. The front two rooms look out over the balcony. Its furnished kitchen includes a spacious pantry, fridge and 4 burner gas stove. Also features wood floors, ceiling fans and a tiled bathroom. There is a large patio area if you like to grill out or enjoy container gardening. Under the living space is a single car garage with washer and dryer, plus a separate small workspace. Also on the property is a large, detached garage/workshop with double roll-up doors, a chain-hoist lift and a three-phase electrical system. Additionally, there is an unfinished basement-like space under the main building.
Property Details
Property Type
Multi-Family
Year Built
1920
HOA
None
Listed Price
$600,000
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 4633 Lafaye St?
Owner financing means the seller of 4633 Lafaye 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.