Rent to Own or Cash Offer AcceptedNice home with over /under duplex (with separate entryways). Use as a single family home or as a duplex investment. Great overall income property potential. Large detached garage with workshop (over 1,100 sq ft) and electricity. Big double lot, fenced with sprinkler system and alley access to the property. Plenty of parking too! Only a four blocks to UNC. Home is in good condition. Shared utilities between units when used as a duplex. Great as student rental or for families with in-laws or live in one unit, rent the other. Available in March.2 bedrooms and 1 bath on each level. The upstairs unit master bedroom was enlarged by removing one of the bedrooms. Downstairs unit is self-contained with separate lock out entrance. Shared laundry area downstairs (does not include washer and dryer).Rent-to-own terms (Please Read): $1,300 per month lease (for the entire duplex) for two years. Price is $159,000. Tenant buyers will need $11,000 to secure the option on this home (will be applied towards purchase price) plus first month's lease UP FRONT. Past credit issues OK. Prospective tenant-buyers will need to complete an application and pay $35.00 background fee (non-refundable) for each qualifying applicant. Figures are subject to change based on market conditions.Will be available at the end of March 2015. The home's interior likely does not show that well due to current tenants. Will consider cash offers, trade, exchangeOK to drive by but please to not disturb the tenants. Call for more details and terms.Income data: Upstairs has drawn- $725 per month rent, Downstairs- $555 per month rent to long-term tenant. Tenants paid 1/2 electricity and 1/2 gas bills. Water, sewage, trash, waste water has been paid by previous landlord. Garage (2 car with workshop) has potential to draw $250-$300 per month rent income. One furnace and hot water heater (shared). Zoned multi-family.NOTES: Realtor co-ops OK (tell me if you are working with a Realtor first). Figures listed here are subject to change according to market conditions. Garage roof will be replaced soon. I'm an investor offering rent to own homes in Northern Colorado for 10+ years. I'm obviously serious about this. I am looking for a committed and serious family to help them buy their next home or investment.Feel free to call for more information as I do not have a lot of time to answer questions by email. You may have to l leave a message as I have multiple homes for sale and spend much time on the phone.Thank you
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
