FAIRHOPE rent to own home - a single family home (2 beds, 1.5 baths)

Prime location! Your chance to get that sought after FAIRHOPE Address. This cozy quaint cottage is only a short drive to all the dining, shpping, and activities Fairhope has to offer. Located in the county not the city limits. Walking into the front door you are greeted with the boasting natural sunlight coming through all the windows. Then walk into the sized kitchen with matching appliances and eat in dining area. Two bedrooms with one and a half bathrooms. Laundry room right off the master located in the 1/2 bath. City water, septic tank. Natural Gas. Hot water heater replaced 4 years ago. Metal roof is 5 years old. New HVAC SYSTEM, replaced in 2024!! Storage shed outside with power. Walking outside onto your large back porch there is so much room for entertaining. There is an abundant amount of yard for gardening, playing, or whatever you wish. Located in the county.. It had been used as a long term rental.. Owner boast that the cottage had been rented by same tenant for 5 years at $1400.00 per month. I dare say you could improve that rental price based on a little work and a good eye for some simply upgrades. Great investment.. 1/2 acre in Fairhope. Don't miss out on making ...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Brokerage: Herrington Realty, Inc.

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