This property is available on a rent-to-own basis. Beautiful 3bd/2bth home along Montgomery. Lots of tile throughout. Large kitchen and a spacious addition with brick floor and a high ceiling. Roof is 1.5 years old, in great shape. Well-maintained. Desert landscape in back (no lawn to mow). Easy access to the 5 bus route, which goes straight to UNM with no transfers. ALL MAJOR APPLIANCES INCLUDED (washer/dryer, refrigerator, microwave, oven/stove, dishwasher) and will be conveyed upon purchase! This property is available in one of two ways: (1) a traditional lease or (2) a lease with an option to purchase. "Lease option" means you have the option (but not the obligation) to purchase within 18 months. If you choose not to purchase you may continue renting or simply move on. This property is perfect if you need time to repair your credit before buying, or perhaps because you have accepted a job in Albuquerque and don't know whether you will be here temporarily or permanently. The amount listed under "Deposit" is technically an option consideration fee. This fee locks in the exact purchase price on the house for 18 months. It is larger than an ordinary rent deposit but smaller than a typical down payment. If the property value goes above the purchase price, you still get to buy it at the price we agreed to. This fee is non-refundable and will be applied to the purchase price at closing. Additional terms may apply, some terms negotiable.
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.
