Ne Heights Condo With Lease Option To Purchase

Want to buy, but need time to get ready?
This Northeast Heights condo is available as a Lease with the Option to Purchase, giving an approved resident the opportunity to lease the property now while securing a written option to purchase in the future.
This is more than a standard rental. The monthly payment includes agreed option consideration that may be applied toward a future purchase according to the written lease-option agreement.
Monthly Payment Breakdown:
Base rent: $1,375
Renter’s insurance: $10.50
Total Monthly Payment: 1385.50
Optional Fees:
Purchase Option consideration: $250 credited toward purchase
Pest/Credit Builder/Id Theft: $31
Total Optional monthly payment: $1,666.50
The HOA amount covers water, laundry rooms, garages, common areas, exterior building maintenance, and parking lot areas, subject to HOA rules and governing documents.
Lease-Option Structure:
Upfront option consideration: $5,000
Option term available up to 2 years with extensions as needed
Written Lease & Purchase Option agreements required
Application and approval required
Property rules, HOA rules, and lease terms apply
Due at Move-In:
Upfront option consideration: $5,000
First month’s rent
Any applicable pet fees: $350 one-time pet fee, $35 monthly for the first pet, and $15 monthly for the second pet, with a maximum of 2 pets
The Purchase Option may be a strong fit for someone who wants to live in the home now while preparing for a future purchase.
Important: This is not a guarantee of financing, loan approval, or future purchase. Option consideration, purchase terms, timelines, and conditions must be documented in writing. Equal Housing Opportunity.
Broker Owner.