4654-56 Baccich St
New Orleans, LA 70122
9
Bedrooms
7
Bathrooms
3,785
Sq Ft
1936
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 . Renovated Gentilly Terrace multi-family offering strong income potential. Duplex configuration (two 4BR/2.5BA units) plus detached guest suite functions similarly to a triplex. Main building approx. 3,700 SF. Main units feature hardwood floors, updated kitchens with stainless appliances, and modernized baths. Functional layouts with well-proportioned rooms support consistent leasing and multiple occupancy options. Improvements have been completed over time, and the property shows well. Detached guest suite includes full kitchen and provides additional flexibility for extended living space, workspace, or supplemental income use. Off-street parking for multiple vehicles and a low-maintenance setup. Located in established Gentilly Terrace with convenient access to the Lakefront, I-610, and the French Quarter. Photos are from prior to current occupancy. Guest suite not included in main living area.
Property Details
Property Type
Multi_family
Year Built
1936
Lot Size
5,998.212 sq ft
HOA
None
Listed Price
$519,900
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 4654-56 Baccich St?
Owner financing means the seller of 4654-56 Baccich 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.