BALTIMORE rent to own home - a multi family property (5 beds, 3 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: $24,151
$5, 000 Chase Great is Available for this Property! Wow! The renovation date is unknown, but this property underwent a gut renovation with ew joists, staircases, framing, electric, plumbing, HVAC, and a modern layout. This is a great opportunity for a first-time homeowner looking for a sweat-equity deal or an investor looking to add a 3-level, 5-bedroom property to their portfolio. The owner is offering the buyer two options: 1) Buy it As-Is for $114, 000 cash with no contingencies. 2) Buy it for $120, 000, and the seller will have the power and water turned on for the Buyers Home Inspection. The seller will ensure there are no plumbing leaks and that the electric, furnace, hot water heater, stove, and fridge are all in working order so the property can pass a conventional appraisal. This home features hardwood flooring and exposed brick. The large front windows provide plenty of natural light. The main level includes a full kitchen (with pass-throughs), a dining room, and a powder room. Upstairs on the second floor, there are three bedrooms and a full bath. The top level also has two good-sized bedrooms and a full bath as well. The basement is perfect for needed storage. The hom...

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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