19 photos
$475,000
66-68 Maison Dr
Covington, LA 70433
Rachel Ringen, Crescent Sotheby's International Realty · (985) 264-6902
What the listing says
OWNER FINANCING AVAILABLE AT A 5% INTEREST RATE! Unique investment opportunity in Belle Terre Subdivision! This multi-family property at 66/68 Maison Drive offers TWO spacious 3-bedroom, 2-bath units PLUS an additional vacant lot included with the sale, creating even more possibilities for future use or development. Conveniently located just minutes from shopping, grocery stores, hospitals, Downtown Covington, and the Town of Madisonville. One unit is currently tenant occupied and generating $1,600 per month in rental income. The second unit has been beautifully updated and is move-in ready great for an owner-occupant looking to offset expenses with rental income or an investor ready to place another tenant and maximize income potential. Updates to Unit 66 include fresh interior paint, new cabinetry with granite countertops, new fixtures throughout, and new carpet and flooring upstairs. Both units feature their own fully fenced, separate yards, offering privacy and outdoor space for each residence. Beautiful oak trees surround the property, adding Southern charm and shade. The included vacant lot makes this offering even more unique, with potential for additional construction or future development, subject to applicable zoning and permitting. Whether you re looking to expand your rental portfolio, live in one unit while generating income from the other, or take advantage of the additional vacant lot, this property offers flexibility, income potential, and a unique opportunity in a convenient Northshore location!
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
HOA
None
More owner-financed homes near Covington
Questions about owner financing in Covington
What is owner financing for 66-68 Maison Dr?
Owner financing means the seller of 66-68 Maison Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Covington, LA home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Covington home?
There is no standard down payment. The seller of this Covington home sets their own, and it is negotiable. Ask the seller or their agent.