4623 N Adrian, Adrian, MI 49221 - Lenawee County

Live where you work or this property could be 100% residential or 100% commercial. Close to the Charles & Virginia Hickman Hospital. This home features quality throughout; a 6'x52' covered front porch with open storage area below porch; concrete parking for at least 7 cars. Basement with 9' wall, egress windows, rough plumbing with sewage lift station crock. Andersen 400 series windows, wide trim oak package. Upstairs is partially finished for second bedroom, home or office space well maintained. LEASE OPTION: $1700.00 PER MONTH; 10 % DOWNPAYMENT-IF OPTION IS NOT EXERCISED FORFEIT DOWNPAYMENT MONEY; LESSEE PAYS ALL UTILITIES AND CARRIES PROPER INSURANCE; LESSEE RESPONSIBLE FOR MOWING AND SNOW REMOVAL; 3 YEAR OPTION TERM AND $2,550 SECURITY DEPOSIT. Monthly Rent: $1,700 Security Deposit: $2,550 Down Payment (Option Fee): 10% of purchase price (nonrefundable, applied toward purchase price at closing) Lease Term: 3 years Utilities & Maintenance: Tenant responsible for all utilities, lawn mowing, snow removal, and renter’s insurance. Owner Responsibilities: Owner pays property taxes. The lease option gives the tenant the exclusive right to purchase the property during the 3-year lease term under agreed-upon conditions.

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