URBANA rent to own home - a single family home (5 beds, 2 baths)

Brand new roof May 2021 and new AC 2020. Located right next to the two largest employers in Champaign County 1. University of Illinois 2. Crle Hospital. This home sits on a corner lot close to downtown Urbana, college campus, 3 blocks south of Carle hospital, and bus line. Wood flooring and woodwork throughout most of the home. Updated kitchen with white cabinets and stainless steel appliances. Furniture staying with the home include 2 couches, coffee table, dining table and chairs, 5 beds, 5 dressers, 5 5 desks and 42" flat screen tv. Four parking spaces with 2 in the garage. Washer and Dryer included. Owner is open to options of seller financing to do "rent to own" or contract for deed. Amazing long term rental history. Previously rented for $2750 (2018) and $2500 (2017) in the past. Tenants just leased at $2000 currently leased till August 1st, 2022. Broker has interest in this propertyThis rent to own home is a single family home located in URBANA. It offers 2439 sq. ft. in size, 5 beds and 2 baths. Review its detailed information and determine if this URBANA rent to own has the qualities you are looking for.

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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