1222 S Salcedo St
New Orleans, LA 70125
8
Bedrooms
4
Bathrooms
3,842
Sq Ft
1922
Year Built
About This Property
Owner financing available. Tenant-occupied 3-unit multifamily investment opportunity generating $4,395 per month in current gross rental income. This income-producing property offers approximately 3,842 square feet, off-street parking, updated interiors, and a flexible multi-unit layout in a convenient New Orleans location. Strong in-place cash flow and value-add potential make this a solid opportunity for investors. This property is part of a larger portfolio sale, please reach out for the full list of properties.
Property Details
Property Type
Multi_family
Year Built
1922
Lot Size
4,356 sq ft
HOA
None
Listed Price
$569,000
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 1222 S Salcedo St?
Owner financing means the seller of 1222 S Salcedo 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.