• Asking Price See Price
  • Estimated Value: $617,766
  • WOLF KILLEEN, TX 76541

  • 1 Bath 17,600 SqFt
  • Multi-family (5 or more units) / Rent To Own

Property Details for WOLF St, KILLEEN, TX 76541

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.

See Agent Remarks- Multiple Offers with Friday July 24 noon deadline. Excellent investment opportunity. This brick apartment complex has three buildings for a total of 32 units, 30 are one bedroom one bath units with central heat and air. Bedrooms have walkin closets. Galley kitchens with stove and refrigerators. Owner pays water and trash (great opportunity to do water allocation for future owner) Excellent occupancy and many long term residents. Rents have been kept artificially low for long term residents and can be easly increased to market rates. Unit 1 has been stripped to studs, great opportunity for onsite laundry facility and additional income for new owner. Additional unit used for storage. Great property with great long term residents, very few problems for such a large community.

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