4654-56 Baccich St New Orleans, LA 70122
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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