4703 Music St, New Orleans, LA 70122

Property Description

ALERT! It's been essentially a business and storage space. It’s being cleaned out and work is being done. Everything is negotiable. Motivated seller! Please do not bother tenant in garage apartment. If interested after seeing main house, then you can schedule a separate showing of the apartment in back. Spacious two-story property features high ceilings, 4 beds, 2 bathrooms, including an expansive second floor that offers for a private primary suite, sitting area, office, or dressing room.A major highlight is the fully detached garage apartment, currently producing $950 per month in rental income—an excellent opportunity for supplemental income, multigenerational living, or a private guest suite.The main house is ready for its next owner’s vision and will benefit from a new roof, an updated downstairs bathroom, fresh paint, and general TLC. The air-conditioning system is currently functioning but may need replacement within the next few years. The property also has known structural concerns that buyers should independently evaluate; however, the owner has observed very little noticeable movement during the past 12 years.With generous living space, a separate income-producing apartment, and plenty of potential to add value, 4703 Music Street is a unique opportunity for a homeowner, investor, or renovation-minded buyer.OWNER FINANCING/Bond for Deed is an option. $35,000 down, 30-year, 8.0%, no early payoff penalty. Seller is Owner/Agent