4703 Music St
New Orleans, LA 70122
4
Bedrooms
2
Bathrooms
2,496
Sq Ft
1964
Year Built
About This Property
Spacious two-story property features high ceilings, 4 beds, 2 bathrooms, including an expansive second floor that offers for a private primary suite, sitting area, office, or dressing room. A major highlight is the fully detached garage apartment, currently producing $950 per month in rental income an excellent opportunity for supplemental income, multigenerational living, or a private guest suite. The main house is ready for its next owner s vision and will benefit from a new roof, an updated downstairs bathroom, fresh paint, and general TLC. The air-conditioning system is currently functioning but may need replacement within the next few years. The property also has known structural concerns that buyers should independently evaluate; however, the owner has observed very little noticeable movement during the past 12 years. With generous living space, a separate income-producing apartment, and plenty of potential to add value, 4703 Music Street is a unique opportunity for a homeowner, investor, or renovation-minded buyer. OWNER FINANCING/Bond for Deed is an option. $25,000 down, 30-year, 8.0%, no early payoff penalty. Seller is Owner/Agent
Property Details
Property Type
Single Family
Year Built
1964
HOA
$2/mo
Listed Price
$309,000
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 4703 Music St?
Owner financing means the seller of 4703 Music 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.