Sitting on a bluff that's overlooking the picturesque Lake Superior Village and harbor of Grand Marais, this 2 level, ten unit building motl with a six person house for rent and the owner's 2-BDR home, is a once in a lifetime opportunity to make a living while creating your own future financial security. The hotel, rental, and residence all sit on two of the 7.5 acres on a bluff. Grand Marais and its impressive sand dunes, waterfalls, and miles of Lake Superior public beaches, are host to vacationers from all over the world in summer and winter, offering breathtaking sights and an array of recreational activities. Future development of this property could include up to twenty condominium sites on the bluff.This Grand Marais, MI rent to own home is a commercial property with , beds and baths. To learn more about this rent to own home or other rent to own homes, make sure to click on the tabs above.
Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.