• LAFAYETTE BALTIMORE, MD 21217

  • 5 Beds 2 Baths 1,488 SqFt
  • Multi-family (5 or more units) / Rent To Own

Property Details for LAFAYETTE St, BALTIMORE, MD 21217

Features

Facts

Sale Type

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.

Description

$5,000 Chase Great is Available for this Property! Wow! The renovation date is unknown, but this property underwent a gut renovation with new 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 home also comes with an updated furnace and water heater. The rear yard is spacious and surrounded by a privacy fence. There is a lot of opportunity with this property, and a little TLC will go a long way. Make your plans today. Whats not to love?! The home/rental is build-out ready, so schedule your tour today and experience this amazing property! Love it or leave it with our 12-month Buy it Back or Sell it for Free guarantee!* Do you have a home/rental to sell? Buy this investment, and we will buy yours for cash!* Schedule a tour right now!

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Property Brokerage: ExecuHome Realty 720 Montford AVENUE 100 Baltimore MD 21224
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.