Portland rent to own home - a single family home (5 beds, 4 baths)

This 2018 energy-efficient build is centrally located in the coveted University Park neighborhood, only blocks from the picturesque Universty of Portland campus. The 2, 376-square-foot main house contains four bedrooms (or three bedrooms + office), 2.5 bathrooms, and a laundry room. Perfect for the buyer looking for passive income through short/long-term rentals or buyers with many out-of-town guests, the 601-square-foot fully permitted ADU with a separate entrance includes a full kitchen, open living/dining space, a true one-bedroom, and a bathroom. The owner has a successful record as an Airbnb super host; the ADU can potentially generate $30k income per year as a short-term rental. This stylish craftsman home astounds at every turn with an open floor plan combining the living, dining, and kitchen spaces, perfect for day-to-day living and entertaining. The bright & light rooms are ideal for Oregon living and include beamed ceilings and a geometric tile floor-to-ceiling gas fireplace flanked by built-in cabinets. Entertain in the kitchen that flows seamlessly to the dining space and features an island/eat bar, pantry, gas appliances, and double ovens. Escape to the primary s...

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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