2 Beds
1 Bath
761 SqFt
2 Beds
1 Bath
761 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 761 sqft
Price per Sqft $177
Subdivision High Hollows
MLS Listing ID 9951180
Bedrooms 2
Full Baths 1
Condo Fees $384
HOA Fees $384/mo
HOA Y/N Yes
Abv Grd Liv Area 761
Originating Board recolorado
Year Built 1973
Annual Tax Amount $549
Tax Year 2024
Property Sub-Type Condominium
Property Description
LEASE WITH OPTION TO PURCHASE a.k.a RENT TO OWN 2 bedroom Condos!
$5000 Option Fee (Gives you the right to purchase the property at today's Sales Price $135,000 in 1 year's time). This Option fee converts to down payment on exercising your option. If you do not exercise your option within the time of the contract you will forfeit (ie. loose) this option fee. However, a 2nd year can be put in the contract at a 5% increase in Sales Price.
You Must Apply and be approved for standard rental. A refundable Security Deposit based on application will be charged (can be as much as 2x rent).
Each month you MUST pay your full rent (not paying will get you evicted and you will not be able to live in the unit; plus you will owe damages etc. However, legally you could still buy the unit per the separate option contract.)
Each month you can choose to pay an additional amount towards your purchase. These extra funds would be Earnest Money and held in a separate Escrow account from your security deposit.
Location
State CO
County Arapahoe
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Unknown
Total Parking Spaces 1
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Steel Siding
Schools
Elementary Schools Highline Community
Middle Schools Prairie
High Schools Overland
School District Cherry Creek 5
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, Lease Purchase, Other, Owner Will Carry, Private Financing Available
Listing Terms 1031 Exchange, Cash, Conventional, Lease Purchase, Other, Owner Will Carry, Private Financing Available
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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