Major renovation means a near luxury-level home in this classic 2-story

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138 W. Mark Street, Marion, OH

 

This single family home is approximately 1600 square feet. A renovation and restoration project was recently completed.  There are four bedrooms, three on the second floor and one on the first floor. This home also includes a full bath on the 2nd floor, a full bath on the 1st floor, living room, dining room, kitchen, full basement with new sump pump, and walk-up attic. It has been upgraded with a new gas forced air furnace, new central air, a new roof, some new windows, a new front deck, new vinyl siding and trim, new storm doors, upgraded insulation and new ceramic tile floors in the baths and kitchen, and a security system (Owner is paying the cost of monitoring through November, 2015).  All the natural woodwork, which is throughout this home, has been refinished and restored where needed. Classic features found in fine homes of this era: glass-fronted bookcases, a brick decorative fireplace in the living room, a window seat in the dining room, and hard pine floors under the carpeting will be found in this home. The baths are all new and new countertops and some new cabinets have been added to the kitchen as well as a new stainless steel sink and faucet. Electrical has been upgraded with GFI circuits in the baths and kitchen. All new carpeting and pad has been installed throughout the house. All ceilings are new as well as all light fixtures. This home retains the classic qualities associated with early 20th century architecture while receiving upgrades that we would associate with the highest quality family homes being built today. This home site includes a yard barn, off-street parking on the east side of the 2-car block garage, and some landscaping.   NOTE:  Primarily due to the fact that we have put all new carpet and pad in this house plus totally redecorated and refurbished all surfaces, we will not approve a lease if any proposed resident is a smoker. 

Room Sizes

  • Living Room: 13 x 17’6
  • Dining Room: 10’6 x 13’6
  • Kitchen: 10’’6 x 13’6
  • First floor bedroom: 10’6 x 11’6
  • First floor bath:  6 x 10
  • Bedroom: 11’6 x 13
  • Bedroom: 10 x 13
  • Bedroom: 9 x 13
  • Second floor Bath: 7x 10

 

Lot: 32 x 132;  Taxes:  $719/year

 

QUALIFYING REQUIREMENTS: Satisfactory completion of an application. Adequate income that is verifiable.  No evictions. Fixed monthly obligations (loan payments, child support, court-ordered payments, not routine expenses such as groceries, gas, utilities etc.) that do not exceed 36% of verifiable gross monthly income. No public record, credit or financial situations that management deems to be potentially detrimental to our business interests. We require all of our residents to purchase a tenant’s insurance policy with liability coverage and with William Your named as an additional insured.

 

LEASE WITH OPTION TO BUY:

MONTHLY LEASE PAYMENT: $795. Additionally, we collect $80 per month. This covers the monthly charge to maintain the security system and storm and sanitary sewer charges.

OPTION CONSIDERATION (Down payment): $875

TERM: 36 months

RENT CREDIT: Estimated at $150/month, but could be higher depending on the operational expense of the property. Rent credit is considered additional option consideration and is granted at the end of the lease term if a new option agreement is put in force. It is also payable at such time as the resident completes the purchase of the property.

PURCHASE PRICE: $89,900


SIMPLE LEASE – NO OPTION TO BUY:

MONTHLY LEASE PAYMENT:  $875. Additionally, we collect $80 per month. This covers the monthly charge to maintain the security system and storm and sanitary sewer charges.

SECURITY DEPOSIT:  $955

TERM: 36 months


OTHER INFORMATION:

TERMS:  All terms on this page, as well as those anywhere on our website, or any other printed information are subject to change at any time without notice.

UTILITIES:   The resident is responsible for the payment of all utilities:  Gas, water, electric, and sanitation charges to the city of Marion; as noted above, there is a mandatory $80 tacked on to each month’s rent to cover the security system monthly charges, storm and sanitary sewer charges that we pay for you.

PETS:  Pets are not accepted for this unit

APPLIANCES:   We have better quality used appliances available for this house:  Electric range (Black, glass smooth top, self-cleaning oven, 30” Frigidaire); Refrigerator (Black, side-by-side, 26 cu’, ice and water through the door, frost-free); Washer (White, Maytag Neptune, Front load, high efficiency, large capacity); Gas Dryer (Maytag Neptune, Front load, large capacity).  There is a $250 delivery charge and $150 per month rental fee.  Any set up cost will only be what the technician charges.  We reserve the right to repair or not repair any appliance should the need occur.  If not repaired, we will make a reduction in the monthly appliance rental fee and remove the appliance from the property.  Any appliance removed at the resident’s request will incur an additional expense of $150 per appliance or a maximum fee of $500 for all of the appliances.

CONTRACT INFORMATION:  Phone (740) 360-2142.  E-mail:  bill@itsallyour.com 
                        

 

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