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*** Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.
Listed By
Agency Name: Talbot Realty Group
Agency Phone: (504) 525-9763
Shown By
Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050
Send an email with a link to
2226 Barracks Street, New Orleans, LA 70119.
Contact an agent to learn more about
2226 Barracks Street, New Orleans, LA 70119.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
2226 Barracks Street | MLS# 2548541
This multi-family property located at 2226 Barracks Street, New Orleans, LA 70119 is currently listed for sale with an asking price of $519,900. Search New Orleans real estate on www.riccire.com today.