3RD MALIN, OR 97632

Features

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Facts

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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

This investment opportunity offers a great potential for a steady income stream with the majority of units being two bedrooms. The old-style garages can provide additional storage space to attract potential tenants. The owner has already completed some of the needed capital repairs including a partial new roof and rehabilitation of several units. The attractive brick construction and courtyard add to the property's appeal and can help in attracting tenants. The convenient location near parks, shopping, and restaurants can also make this property a beneficial rental option for many individuals. Additionally, the potential for owner financing can make the investment more accessible to interested buyers. Overall, this property presents a promising investment opportunity with potential for growth and a good return on investment. It may be worth considering for those looking to expand their real estate portfolio or generate passive income.