47 Lakeland Dr · Apartment for Rent

Property Id: 2800974 Need time to build up your credit , wait out the high rates and save for a down payment? The solution is rent to own! This is a Corner home on two dead end streets with partial view of Pleasure Lake. Welcoming, easy to maintain yard with new wood play structure. Large deck with entrance off kitchen. Expansive new porch entrance. Two car garage with loads of storage. Space enough to subdivide for a workshop or studio. All rooms Newly painted. HVAC, plumbing, electrical all inspected and repaired. Large basement available for division with temporary walls. New Kohler walk in shower in the master en-suite. Small quiet neighborhood with trees,running creek, plentiful wildlife, friendly neighbors, walkable streets. Library, town services, park, groceries, service stations, rail to trail, basketball courts and houses of worship walking distance. Pets are welcome Smoking will not be allowed on the property. A benefit of oil for the winter of 2026-2027 at a value of $800 is included. Rent to own is a construct to allow a potential buyer time to improve credit score to qualify for a mortgage. The lease, rather than being month to month would be for three years with a down payment of either 3% or 6% of the houses market value (currently $345,000). That money would be placed by the current homeowner in an interest bearing account to begin to grow. Then there would be a monthly premium to the base rent of $220 at the lower down payment or $110 at the higher down payment which would be added to that account. At the end of three years the monies accumulated would go to reduce the total cost of the house and thereby make the mortgage more affordable. This is a forced savings plan for the potential buyer who might not otherwise find the rigor to tax himself. There would be no obligation at the end of the three years to buy the house but the down payment (not the additional monthly premiums) would stay with the original owner