rent to own home - Union, NJ - a commercial property

A GREAT INCOME PRODUCER BUILDING. 2 STORES, METRO PCS AND A SUPERMARKET. TWO three BEDs APARTMENTS AND FOUR two BEDs APARTMENTS. GREAT AREA PARKING ON THE STREET. TENANTS PAYS THEIR OWN UTILITIES, EXCEPT WATER. GARBAGE COLLECTION BY CITY. FREE MAINTENANCE BRICK BUILDING. LONGTERM LEASE FOR THE STORES. 2) three beds $1250 each 2) three beds $1250 each 2) two beds $1150 each 2) two beds $1075 each 1) mini market store $3737 (two years lease left with the option of another 5). 1) Metro PCs store $1545 (5yr lease) = $14432 (total income). Expenses: taxes monthly $1122, Insurance $350 mo. Maintenance $750 mo. water $700, = $2922 (total expenses) Net = $11510Carlos Hernandez Century 21 Worden & GreenOffice: 908-874-4700Cell: 908-507-XXXXThis Union, NJ 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.

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Property Info
Property ID150079555
CountyUnion
Property TypeCommercial

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