Metairie Owner Financed Investment |
2 side by side duplexes, 4 units total with common courtyard. Many renovations have been done, one unit, 2905 is in the process of having the kitchen replaced. New patios with arbors, stucco, privacy fencing, new kitchens in the other 3 units. Trim, stucco and front fencing is being painted in the next couple of weeks along with the landscaping.
Rents are
2901-$850
2903-$800
2905-$850(under renovations)
2907-$870
Owner will do Bond For Deed, carry second or possible lease purchase with down payment. Any down payment or cash deposits(and terms) will need to be substantial enough to be attractive to seller. This is a good owner financing deal, but not a "no money down" deal. Would also make a great owner occupied investment.
The addresses are 2901-03 Tugie Drive and 2905-07 Tugie Drive. Tugie is a quiet 1 block street backing up to single family homes, near Laferniere Park. This is a very strong rental area. Very few properties come on the market, usually on a couple a year. The some of the area did flood, but unit 2905 didn't get any water(just wet the carpet) and the rear unit only had 1-2".
Call Maria or Mark for more details
504-780-8600 |
| Type: |
Fourplex |
| Listing Status: |
For Sale |
| Price: |
0 |
| Bedrooms: |
2 |
| Bathrooms: |
1 |
| Stories: |
1 |
| Square Feet: |
1975 |
| Lot Size: |
60 x 105 |
| Age of Home: |
1969 |
| Appliances: |
|
| Benefits: |
Near School, Near Transit |
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