• Asking Price See Price
  • Estimated Value: $324,144
  • GARNETT GLASGOW, KY 42141

  • Single Family Home / Rent To Own

Property Details for GARNETT St, GLASGOW, KY 42141

Features

Facts

Description

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.

15 (13 full) lot mobile home park, in town Glasgow. Quiet, fairly stable, small community. Water/sewer/trash/electric direct bill to tenants by providers. Newer electric service installed. 6-7 mobile home lease purchase contracts included (balance at $45,000) Income: 10 lots at $220, 2 lots at $250, 1 rental at $450, plus home payments on 6-7 lease purchases - details upon request. Current owner manages from Lexington.

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