***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.
146 days
|
60
|
4
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Zillow last checked:
Listing updated:
Listed by:
Christopher Talbot504-319-1452,
Talbot Realty Group504-525-9763
Source: GSREIN,MLS#: 2548361
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 7
Full bathrooms: 5
1/2 bathrooms: 2
Heating
Central
Cooling
Central Air
Interior area
Total interior livable area: 3,785 sqft
Property
Parking
Total spaces: 3
Parking features: Off Street, Three or more Spaces
Features
Levels: Two
Stories: 2
Lot
Size: 5,998 Square Feet
Dimensions: 6000
Features: City Lot, Rectangular Lot
Details
Parcel number: 38W402009
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family, Multi Family