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 may include agreed option consideration that can 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: $1,385.50 Optional Monthly Fees: Purchase option consideration: $250 credited toward purchase Pest / Credit Builder / ID Theft Protection: $31 Total Optional Monthly Payment: $1,666.50 The HOA 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 and 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 possible 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.