Land contract
Contract for Deed · Single Family in New Orleans, LA | $60,000
365 Canal St, New Orleans, LA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths7 / 3
Living area2,599 sqft
Lot0.19 acres
Year built1962
About this deal
Installment sale on a single-family home located at 365 Canal St, New Orleans, LA. Purchase price $60,000 with negotiable down payment and monthly terms. Seller holds title until the contract is paid in full. Clean title, cooperative seller, smooth closing anticipated.
The numbers
- Cap rate
- 5.7%
- Net operating income
- $23,964/yr
- Cash flow
- +$1,997/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.