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6920 Salem Drive, New Orleans, LA 70127

$50,000

Multi-Family|6 Beds|4 Full Baths

3,216 SqFt|MLS# 2196747

List Price
$50,000
List Date
03/27/2019
Original List Price
$60,000 (-16.67%)
Status
Under Contract
Type
Multi-Family
Bedrooms
6
Full Bathrooms
4
Living Square Feet
3,216 SqFt
MLS#
2196747

Description

Great opportunity for an investor/contractor. Source of title is a quieted tax sale with title insurance underwritten by US National Title Insurance Company. Must close with title company on this list: https://www.usnti.com/agents/.

Location

Parish
Orleans

Details

General Information

Stories
2
Approximate Age
50
Approximate Age Description
Fixer Upper

Parking
• Two
• Driveway Only
Style
• Party Wall Double

Other Features

Waterfront
0
Sold with Waiver of Redhibition
Yes
Green Certification
No

Financial Information

Bond for Deed
No
Foreclosure
No
Lease Purchase
No
Owner May Finance
No

Utilities

Electric
Entergy
Sewer
City


Exterior

Lot Size
60 x 115
Acreage
0.16

Building Exterior
• Brick
Foundation
• Slab
Lot Description
• Regular
Roof
• Seal Tab

Interior

Elevator
No
Measurements Approximate
Yes

Listing Courtesy of REVE, REALTORS

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With this calculator you can put in your values and estimate the amount of your loan and get an estimate on the amount of your monthly payments. Click on the 'Calculate' button when you're ready.

With this calculator you can put in your values and estimate the amount of your loan and get an estimate on the amount of your monthly payments. Click on the 'Calculate' button when you're ready.

**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

MLS Data Courtesy of Gulf South Real Estate Information Network. Copyright 2019, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliate' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.

 

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