14 Lewis Aly, Oil City, PA 16301

5/29/25 UPDATE: After less than 24 hours of posting this place, we received over 25 lease, 4 RTO and 1 purchase offers. I conditionally accepted a full price offer ($37,600) from a buyer who has until next Thursday to secure funding to purchase it. If they can't or chose not to, then it will go back on the market for lease, RTO or purchase next Friday. - 3 or 4 Beds / 1 Bath House for Rent, RTO or Purchase - This 3 or 4 bedroom, 1 bath home is now available for (1) PURCHASE, (2) RTO (Rent to Own), or traditional 12-month LEASE rental. You could use the den for the fourth bedroom like prior renters did if you need 4 bedrooms. - This home was extensively renovated 3 years ago including new electric wiring, new separate electrical circuits, new 100-amp service, new exterior mast, new plumbing/pipes throughout, new kitchen sink, new bath sink, new bathroom floor, new kitchen cabinets, new double pane/grilled/screened/tilt-in Anderson windows throughout, etc. - I offer this place partially furnished (dressers, nightstands, lamps, stove/oven, microwave, kitchen table, dining room table and chairs, refrigerator, clothes washer and dryer, 2 beds with mattresses, etc.). This house is HUD approved. Only 3 or 4 bedroom vouchers accepted. - TERMS (3 choices: Purchase, RTO or Rent/Lease): (1) PURCHASE: $37,600 (2) RTO: $1000/month x 40 months (3 years and 4 months) + pet fees + property taxes + house insurance. Down payment of $2,000. This adds up to a total outlay of $42,000 + taxes + insurance spread over 3 years and 4 months. Combined City + County property taxes are less than $70/mo. A bank mortgage of $37,600 with 7 % interest (current national average of a 30-year fixed rate) would cost you well over $42,000. Feel free to go to the county courthouse to verify the county and city property taxes. RTO tenant is also responsible for Electricity, Gas, Water, Sewer, Trash and Recycle pick up, Cable/Satellite TV, Internet, Telephone, Landscaping, Snow and ice removal from property steps and walkways. (3) LEASE: $906/month x 12 months + pet fees. Lease tenant is responsible for Electricity, Gas, Cable/Satellite TV, water/sewage fee over monthly $50 allowance, Internet, Telephone, Landscaping, Snow and ice removal from property steps and walkways. - PETS: Up to 1 dog or cat are welcome. A one-time $300.00 nonrefundable pet fee & $15/mo. for a cat / $30/mo. for a dog. 3 types of dogs are not welcome: aggressive guard dogs, extremely high energy dogs and/or dogs that bark excessively. Working, Herding, Sporting breeds generally are not well suited for small house/apartment living. Special consideration can be given. Management reserves right to interview pets PRIOR to approval for occupancy. Call for breed & weight restrictions. - ADDRESS: 14 Lewis Aly, Oil City, PA 16301 - BACKGROUND CHECK: A thorough, professional third-party background check will be conducted on all serious applicants to verify they are able to afford monthly payments. - DUE AT SIGNING: (1) PURCHASING: $2,000 earnest money (2) RTO: $2,000 down payment (3) LEASING: First month's rent ($906) + security deposit ($906), initial pet fee ($300) and first month's pet fee ($15-30). That's $1,812 - $2,142 due at signing (depending on if you're bringing a pet). - This is the LEAST EXPENSIVE DOWN PAYMENT to OWN YOUR OWN HOME available in Oil City. - Please text house Supervisor Justin to submit a request for showing. Please leave your full name, Driver's License number and current mailing address so we can start a background check on you. I can handle renters who have had some prior trouble, but I will not rent to scam artists. If you have a history of multiple evictions, then in addition to the listed above down payment, you will also be required to provide the last month's rent. So that's first + last month's rent + security + initial pet fee and first month's pet fee. That's $2,718 - $3,048 (depending on if you're bringing a pet). - It's a cute place. We've done a bunch to it (including the really expensive stuff). You won't see too many deals like this one with such little down-payment. It's located in a relatively quiet area. So, if it works for you and you can come up with the $1,600-$1,930 down, great. If not, no biggie, I wish you the best in your quest for your next dwelling. - It is not necessary to ask if it is available. If this advertisement is still posted, then it is available. I will remove this ad once this placed is rented or purchased. Just text house Supervisor Justin to submit a request for showing. - Up to 1 Dog or cat are welcome. 1 pet per apartment home. A one-time $300.00 nonrefundable pet fee & $15/mo. for a cat / $30/mo. for a dog. 3 types of dogs are not welcome: aggressive guard dogs, extremely high energy dogs and/or dogs that bark excessively. Working, Herding, Sporting breeds generally are not well suited for apartment living. Special consideration can be given. Management reserves right to interview pets PRIOR to approval for occupancy. Call for breed & weight restrictions.