This property is available on a rent-to-own basis. 10011 South Nicholson Road Oak Creek, WI 1.5 Acre lot 4 bedrooms --3 on 1st floor, 1 on lower level 3 full bathrooms --2 on 1st floor, 1 on lower level 2nd garage in rear yard, big enough for RV or car lift and more. Screened-in sunroom patio off kitchen faces back yard. Equipped to have a wood-burning stove installed. 20 year financing in place: mortgage + taxes + property insurance are covered for $2400 per month. This transaction will be laid out as a lease with an option to buy for $1.00 [ONE-DOLLAR AND ZERO CENTS] at end of 20 year lease. We are saying, lease the place for 20 years and the property is yours. Note: this is laid out in exact same fashion as land contract and is intended to mimic land contract. We are not doing a land contract because a lease-to-own is more tax-friendly. Roof is in decent shape with 5-10 years of life remaining; owner will replace at his expense when it is ready to be replaced. Everything else in the property is either new or near new. Lease to own: no gimmicks, plain & simple deal. You pay: $200 per month plus utilities for the next 20 years and at the end of 20 years the home is yours: I sign deed to you. (I have a 20 year fixed rate note on this property and am looking for 1 person to deal with the entire time.
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