RENT-TO-OWN. Challenged Credit Ok! Option price $429,000 This lovely renovated home is located in the Sun Ridge neighborhood of the desirable East Greenwich. You'll love this Contemporary Cape with full dormer for your family. Use as a single family or 2 family Used as a 2 Family Home from 1960-2012, Presently Used as Legal InLaw , 2 Electric Meters, 2 Gas Meters. Features of This Property Include Central Air - Open Floor Plan - Oak Hardwood Floors- Attractive Kitchen w Granite Counters & Stainless Appliances - 3 Beautiful Stone & Brick Fireplaces - Full Finished Walkout Lower Level with Full Bath - Excellent In Law Potential -Manicured Grounds - Town Water & Sewers - Gas Heat, Cooking & Hot Water - 200 Amp Electric- Vinyl Siding - 2 Car Garage with Attic Storage & More. Neighborhood has a Great Playground Maintained by the Town. 10 Minutes to TF Green International Airport & Train Station. 10 Minutes to Quonset Point & Wickford Village. 17 Minutes To Providence. 20 Minutes to Newport & South County Beaches. 40 Minutes to Groton & Mystic CT. 1 Hour To Boston. . Rent-to-own: 18 month lease term, monthly rent is $2800. Option to buy with-in lease term period is between 3.5% - 5% option fee down payment ($15,015 - $21,450). .Property will be available April, 1, 2020, so secure your future home now. 100% of the Option Fee Down Payment counts towards the option price of the home later on when you go to exercise your option to purchase the house (so it's NOT like an extra fee just to rent-to-own ALL of it counts towards the house), but it is always going to be much more than a typical security deposit for a straight rental Also, challenged credit OK for rent-to-own! We don't have a "credit score requirement" per se as in a specific #, but we do review your reports to make sure you have a clear game plan on what you need to do to get up to a 640 during the rental phase of the rent-to-own. Rest assured, we work with credit challenges all the time!
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