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yourdomain > Western Illinois > house/condo > $160,000 / 3br - 1456ft2 - LEASE TO OWN PROPERTY OPPORTUNITY (Keokuk, IA)

$160,000 / 3br - 1456ft2 - LEASE TO OWN PROPERTY OPPORTUNITY (Keokuk, IA)

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Posted : Friday, March 15, 2024 07:08 AM

Address is 3307 243rd Ave Keokuk Iowa.
3 bed 2 bath double wide manufactured home on 2.
4 acre lot, with a 40x40 steel garage.
Home built in 2002.
New roof last August.
Has its own well water and septic tank.
One bathroom has a full shower / bathtub and the other is a stand-up shower and laundry room.
Wood stove heat in garage.
Gas heat and central air for the house.
Gas range.
Electric water heater.
200 amp service.
Big field on the west.
On a paved road.
We've done a lot of cleaning up and have been here a couple years, but we are looking to move south.
Various updates throughout property.
LEASE TO OWN OPTIONS: OPTION 1: MINIMUM $10,000 down payment.
7% fixed interest.
This would put you on a 30-year mortgage, but any extra payments would go to the principal and save you a ton of money and get it paid off quicker.
The minimum payment would be $997.
75 / month.
OPTION 2: $5,000 down payment.
7% interest on a 15 year amortization schedule.
Minimum monthly payments are $1,393.
18.
After 2 years you will be required to pay off the remaining balance or you will be forced to vacate the property.
Missed payment will terminate either lease.
Buyer responsible for all damage and maintenance, utilities, lawn care, property taxes (currently $1,380 per year) and insurance.
Our insurance runs $83.
31 per month, you can either pay it or supply your own insurance.
Renters insurance recommended.
Subject to change rates according to insurance company.
Lease application must be filled out.
TEXT ME AT show contact info IF INTERESTED

• Phone : NA

• Location : Keokuk,IA

• Post ID: 9131564866


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