MONROE rent to own home - a single family home (2 beds, 1 baths)
This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $212,819
Looking for your next project or investment opportunity? This diamond in the rough is waiting for the right buyer to bring it back to life!Located on a large sized corner lot, this home is full of potential with an additional nice-sized room in the back that may be used as a 3rd bedroom. Property also includes a large storage shed. Seller will not make any repairs and offering AS-IS. Long term tenant in place on a month to month lease. Seller has given tenant guaranteed occupancy until at least June 5th, 2025. Currently being rented at well below market rent which offers tremendous upside. Currently being rented at well below market rent. Do not disturb tenants. Currently zoned RMS (Residential Medium Density). Per City of Monroe planning department, a rezoning can be applied for to rezone the parcel to one of their commercial zoning districts. However, it is not a guarantee that the rezoning will be approved just because it is applied for. Call City of Monroe for more information.This rent to own home is a single family home located in MONROE. It offers 0.31 Acre in size, 2 beds and 1 baths. Review its detailed information and determine if this MONROE rent to own has the qualiti...
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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.
Consumers BewareConsumers should be aware of scams from people posing to be real estate agents or landlords. So if you're looking to buy or rent make sure you take the proper precautions.
Read more to learn about avoiding scams.
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