RENT TO OWN HOME IN BALTIMORE MARYLAND – 303 S Ann St (21231-Upper Fells Point) 3 Bd, 2.5 Ba Updated Brick Townhouse for Rent-To-Own $2,000.00/mo Available

  • $285,000
  • 3 beds
  • 2.5 baths
  • 1848 sqft

HERE IS YOUR CHANCE TO GET INTO A BEAUTIFUL RENT TO OWN HOME IN BALTIMORE MARYLAND WITHOUT THE BANK!

Let the Journey to Home Ownership begin at this Rent to Own home in Baltimore Maryland in the Upper Fells Point neighborhood of Baltimore City!

Rent to Own Home in Baltimore Maryland

AVAILABLE FOR SHOWINGS & MOVE IN NOW

Rent to Own Terms:

  • Option Price: $285,000
  • Option Fee Required: 3% ($8,550) to 5% (14,250). This fee is flexible depending on applicant.
  • Rent to Own Monthly Rent: $2,000
  • Term: 18 months
  • Note: This property is for “Rent to Own”/”Lease Option”. Gross income should be at least 3-4x the rent. For this property we are seeking a tenant with annual gross income of at least $72,000. No evictions or extensive civil litigation, good rental history, credit score at least 550. Application fee per adult is $50. Option Fee required to move in after application approval.

Challenged Credit is Okay. When banks say no, we say yes. Get another chance at home ownership.

This beautifully renovated 1,850+ sqft townhouse in Upper Fells Point is a Walker’s Paradise! Most daily errands do not require a car in this bikeable neighborhood. This townhouse with exposed brick has 3 bedrooms, 2.5 bathrooms, an updated kitchen which features dual master bedrooms with an open and high, loft style 3rd Bedroom, galley kitchen renovated in 2014 w/ granite countertops, custom cabinets, and upgraded Stainless Steel appliances, attached dining area, well-maintained hardwood floors and exposed brick, fresh paint throughout, and private back patio with garden beds perfect for entertaining. Generous cellar workshop for storage. Additional updates in 2014 include a new, 50-year architectural roof, new AC, new furnace, and new electrical panel all blocks away from Patterson Park, Lower Fells Point, and the waterfront!

The house is in the safe Upper Fells Point neighborhood which is close to excellent dining and night life options.

Pets are welcome. It is a very easy commute to restaurants, local universities, and hospitals.

This home is a great fit for those who want to own but need some time to repair their credit! You’ll have 1.5+ years to exercise your Option
to buy this home while living in & renting today as credit is being restored! Don’t miss your opportunity to move into this modern renovated Rent to Own Home in South Baltimore Maryland!

Challenged credit, low credit, no credit, and self-employed income will all be considered!

100% of your Option Fee goes toward the Option Price and/or Closing Costs of the home! The option to purchase can be exercised at any time during or at the end of the lease period. Tenants are required to pay a $50 application fee & work with credit repair company & mortgage broker for screening of timeline to qualify for mortgage loan.

What’s Nearby:

    • Plenty of shopping, restaurants, and nightlife nearby to explore!
    • Betty Hyatt Community Park
    • Fells Point Historic District
    • Butchers Hill Historic District
    • Bus/Light Rail Lines
    • Zipcar Car Sharing Options

This Home Won’t Last Long! Contact to schedule showing!

The great thing about a Rent-to-Own or lease option is that you can move into one of our homes and you are given the time to fix up whatever is preventing you from qualifying now, whether it be credit or income. When you apply with us you will be introduced to our program which prepares tenants to qualify for mortgages. The application fee is $50 per applicant (namely, the person(s) whose income will be considered when applying for a mortgage)

To Submit An Application ASAP:

  1. Go to apply.prequalteam.com/BCK-LLC
  2. Complete the full application and submit
  3. The pre-qualifying company will contact you from a 412 or 724 area code number, so anticipate and answer their call. They will work with you regarding affordability of the home. They will provide you with your customized mortgage preparation action plan. We can make a decision on your application very quickly, typically within 48 hours
Price:
$285,000
Address:
303 S Ann Street
Baltimore, Maryland 21231
Square Feet:
1848
Bedrooms:
3
Bathrooms:
2.5
Terms:
Lease Option
Property Type:
Townhouse
Year Built:
1900

Call (301) 842-4725 for more details

Property Location