Castleton On Hudson,, NY 12033

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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.

SELLER IS RENOVATING 1ST FLOOR!!! opportunity in a high traffic area (Split off 9&20). Property is zoned as mixed used. It could be a single family home, business opportunity, potential 2 family/multifamily. Owner rented the 1st floor for $1,200 for 8 years, tenants just moved out a couple months ago. 2nd floor is unfinished. Public Water, Roof (12 years), heating system (3years), hot water heater (5years). Renovation loan or cash. Full parcel also available for sale, 2.45 acres with 450 road frontage, $299,999. Billboard not included. Note that taxes are based on the full parcel. Easy access to I-90 and a short drive to Amazon. LEASE WITH PURCHASE OPTION.