MONROE rent to own home - a commercial property ( beds, baths)

Usually a fixed monthly payment, made by a tenant in return for the right to occupy the property of the owner.Rent: $12
Subject property is an approximately 7-to-19-year-old (built in two phases in 1995 and 2007), 15, 662-SFG single-story medical office buildng located on a 6.32-acre parcel in Monroe, Michigan. The Subject consists of a single building that is vacant. In plan, the Subject is rectangular in shape. The property is accessed along Monroe Street to the west with the nearest major intersection street being Cole Road. Ingress and egress is provided via a single point along Monroe Street. Parking is provided on the south, east and west elevations within open paved lots. Construction consists of a substructure of concrete spread footings and SOG, with a superstructure of wood framing. Cellar foundation walls are constructed of CMU. The predominant sidewall system consists of brick and vinyl siding. Roofing consists of asphalt shingles, with drainage by gutters and leaders. Heating and air conditioning is provided via split systems with natural gas-fired furnaces. Domestic hot water is provided by a two gas- fired water heaters. Electrical service enters the Subject from a pad-mounted transformer and consists of a 208/120-V, 3-phase service. The Subject is complete with a wet-pipe sprinkler...

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: Coldwell Banker Haynes Real Estate, Inc. , 15489 S. Telegraph Rd., Monroe, MI48161
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