MAIN MARGARETVILLE, NY 12455

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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.

Located on historical Main Street in beautiful uptown Margaretville at the heart of the Catskill Mountains, this 3 story building houses "The Village Pub" has two apartments above that are one and two bedrooms respectively. Margaretville is central to the multiple country wedding venues throughout the area. The beauty of the CatskillMountains and the Delaware River Basin including the nearby Papecton Reservoir make this a majestic location for both private and publicfunctions. There are local fishing, boating, hunting, biking, hiking, camping, golfing destinations and other leisure or vacation activities. This is awonderful cash business with unlimited potential. Seller says it's time to retire. Seller financing is available with a good size down payment. Lease with option to buy may also be negotiated.