RENT TO OWN HOME IN BALTIMORE MARYLAND – 1462 WILLIAM ST (21230-RIVERSIDE) 3 Bd, 2.5 Ba Updated Brick Townhouse for Rent-To-Own $2,200.00/mo Sold

  • $320,000
  • 3 beds
  • 2.5 baths
  • 2400 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 Riverside neighborhood of Baltimore City!

Rent to Own Home in Baltimore Maryland

Rent to Own Terms:

  • Option Price: $320,000
  • Option Fee Required: 3% ($11,200) to 5% (16,000). This fee is flexible depending on applicant.
  • Rent/Rent to Own Monthly Rent: $2,100
  • 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.

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

This beautifully renovated 2,400 sqft townhouse in Riverside 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 stainless steel appliances . The home has rooftop deck and fenced in yard perfect for relaxation and sunny summer nights.

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

Pets are welcome. It is a very easy commute to Federal Hill, 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!

Bad 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.

Features:

    • 3 bedrooms
    • 2.5 baths
    • Living Room
    • Dining Room
    • Eat-in Kitchen
    • Stove/Range/Dishwasher/Garbage Disposal
    • Laundry Room
    • Central heating and air conditioning
    • Rooftop Deck
    • Fenced In Backyard
    • Tile, and Hardwood Flooring

What’s Nearby:

    • Downtown Baltimore
    • Plenty of shopping, restaurants, and nightlife nearby to explore!
    • Leone Riverside Park
    • Federal Hill Park
    • Bus/Light Rail Lines
    • Zipcar Car Sharing Options

This Home Won’t Last Long! Move in today! 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/CBM-Housing-Solutions-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:
$320,000
Address:
1462 William St
Baltimore, Maryland 21230
Square Feet:
2400
Bedrooms:
3
Bathrooms:
2.5
Terms:
Lease Option
Property Type:
Townhouse
Year Built:
1880
Basement:
Finished
Const. Type:
Frame/Brick

Additional Features

Totally renovated with Hardwood Floors, Stainless Steel Appliances, Washer/Dryer, Rooftop deck, and a Private Fenced in Backyard.

Call (301) 842-4725 for more details

Property Location