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31 photos

$2800

/Mo
6171 SW 18th Dr, Portland, OR 97239
  • beds

    3

  • baths

    3.5

  • sq.ft

    1450

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Location

6171 SW 18th Dr, Portland, OR 97239

Property Details

  • Date available
    Wed Nov 1 2023
  • Type
    Townhouse
  • Cooling
    Central Air
  • Heating
    Contact manager
  • Pets
    Cats, Dogs
  • Parking
    Attached Garage
  • Laundry
    In Unit
  • Deposit & fees
    $1,400

About This Property

Please see the photos, brochure, 3D tour, floorplans, and other postings. This property is offered for lease with buy option. Commonly called rent to own. Not a simple rental as some listing services automated systems inaccurately show it. Please read carefully. There are advantages for both parties by this type of offer, especially for those who are looking to buy, but need time to decide and to get better mortgage rates. The townhouse is part of a 9 unit condo community with low HOA fees and fine, friendly management. Privacy and quiet are assured at 6171. There is only one common wall, which is double dry-walled on both sides with about a foot of insulation between the walls. Improvements include: Samsung french door fridge/freezer with convenient drawer for such things as drinks, defrosting, and deli items. Ecobee thermostat with security features and a sensor in the master bdr. Cellular window blinds and vertical blinds for the sliding glass doors. The air con was serviced in Sept. 2023. The house is and has been occupied by one person for the past 3 1/2 years. It was built in 2018. This property is not offered as a simple rental. Please read carefully. Lease Option - annual lease agreement, automatically renewable, no rent increase guaranteed, with option to buy for $565,000, anytime from time of lease signing until three years have passed. Before the end of three years tenant must purchase or vacate the property. The sale price includes all closing costs rent-to-owners/buyers would otherwise be required to pay! Option value, 5% of 565K, is $28,250 to be paid at signing by lease-to-owner(s) and will be held in escrow and applied, with all interest, to the down payment if purchased, or lost, with all interest, if not purchased before 3 years. Tenant must vacate if not purchasing before then or, according to law and contract terms, in default of monthly lease payments. Some negotiation possible. Because laws require much that will be done for all assurances by laws for both parties with broker. Payment of HOA fees and use of security deposit for small part of broker fees may be part of negotiation with furnishings, some, none or all. Security deposit is only $1400. Monthly rent to be only $2800. Tenant responsible for all utilities. Brokerage fees to be paid by current owner. But, any balance of security deposit may be allocated for a part of those fees. There will be no rent increases. Though, HOA fees may be part of negotiations. Please apply before asking to schedule a tour. Tours are being scheduled beginning Oct 4.

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Rental Features

Bedrooms & bathrooms

  • · Bedrooms : 3
  • · Bathrooms : 3.5
  • · Full bathrooms : 3
  • · 1/2 bathrooms : 1

Flooring

  • · Flooring : Hardwood

Cooling

  • · Cooling features : Central Air

Appliances

  • · Appliances included : Dishwasher, Dryer, Washer
  • · Laundry features : In Unit

Other interior features

  • · Furnished : Yes
  • · Virtual tour : View virtual tour

Parking

  • · Parking features : Attached
  • · Other parking information : Contact manager

Property

  • · Exterior features : No Utilities included in rent

Type & style

  • · Home type : Townhouse

Condition

  • · Year built : 2018

Location

  • · Region : Portland
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Contact The Property

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Steven Levin
(971) 257-8978