House for Rent to own at 417 11th St. Franklin, PA. 3 bedroom 1.5 bath house. Centrally located right off Liberty Street. Master bedroom is very spacious, the other 2 are good sized. New roof. Full house Exterior 2 coats body and trim painted by Keystone Painting and Services. House has newer windows, new carpet, and paint. Laundry washer dryer hookups on first floor. Kitchen has tile countertops and stainless steel appliances with vinyl plank floors. Refinished hardwood floors throughout the living room and dining room, with beautiful woodwork and trim. Heating stystem is hot water with radiators. Newer hot water tank. Upgraded 100 amp electrical service. House is not HUD approved. Must have stable employment, and be able to pass a background check. 3x monthly rent in income is required. Upfront $3,750 to reserve the option in 3 years. For a total of $4,750 to move in. Pets negotiable for a fee. Long term lease and RTO offering only. Flexible and open minded, message me for more details.
Address: 417 11th St. Franklin, PA 16323
(Franklin School District)
Lease with the Option to buy details:
The sale price of the house will be locked in at ($110,000) on a 3 year option contract. There is an option fee required upfront ($3,750) to reserve the house in 3 years. If you decide to buy the house the option fee would go towards the purchase of the house. You are not obligated to purchase the house if any circumstance may arise or you decide to move at the end of your lease. If so, this fee would be non-refundable.
The rent would be locked in at $1,000, for 3 years and at the end of the lease you would have an additional $7,200 credited on top of the $3,750 option fee for a total of $10,950 towards the purchase price of the house at the end of the lease.
Tenant will be responsible for all maintenance and repairs under $500 (material cost) per occurrence with authorization of the landlord. Landlord will cover any repairs over $500 (material cost), and Tenant will be responsible for the first $500 of the repair.
Total upfront moving cost is the option fee plus first months rent plus water/sewage/garbage bill ($3,750 + $1,000)
= $4,750
Utilites will be the responsibility of the tenant. WSG is $105.97/mo., gas and electric are variable.
This can be an excellent option if you're an aspiring homeowner, but aren't quite ready financially. This opportunity gives you the chance to get your finances in order, improve your credit score, and save money for a down payment, while "locking in" and living in the house you'd like to own.
Please let me know if this sounds like an opportunity for you.
Off market
$45,310
417 11th St, Franklin, PA 16323
3beds
1baths
1,716sqft
SingleFamily
Built in 1900
2,613 Square Feet Lot
$-- Zestimate®
$26/sqft
$1,241 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1.5
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,716 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Wood
Lot
- Size: 2,613 sqft
Details
- Parcel number: 10110098000
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Franklin
Other
Other facts
- Balcony
- Laundry: In Unit