110 Warren St
McMinnville, TN 37110
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Bedrooms
3
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Bathrooms
1
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Square Feet
1,583 sq ft
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Available
Available Now
Highlights
- Pets Allowed
- Hardwood Floors
About This Home
Property Id: 1663329 Are you tired of renting and want to own a home, but don't quite qualify for a traditional mortgage? We have the solution! This 3bed/1bath home has been recently remodeled and we are offering it rent-to-own with a portion of your rent going towards the down payment on a future purchase. Minimum income requirement of $5,250/mo. Credit doesn't matter! Here's how it works... -The tenant pays an upfront option fee ($3,675) to secure the right to buy the property at a set price within a specific timeframe during the lease period. -The tenant pays a higher monthly rent than standard ($1,750/mo), a portion of which ($100/mo) goes toward the down payment. -The lease term is usually two to three years. -The purchase price is agreed upon at lease signing ($245,000 for a 2yr lease option OR $255,000 for a 3yr option). -The tenant is responsible for routine maintenance and repairs. -At the end of the lease, the tenant can choose to buy the property at the agreed-upon price or extend. Frequently Asked Questions: Q: How much is the option fee? A: $3,675, which represents 1.5% of the purchase price. Q: How much is the rent? A: $1,750/mo, $100 of which goes towards down payment. Q: What is the lease term? A: 2 or 3yrs depending on how soon you want to purchase Q: What is the future purchase price? A: $245,000 for a 2yr lease option OR $255,000 for a 3yr option. Q: What if I still can’t buy the house at the end of the lease? A: We have the option to either a) extend the lease option if you are still interested in buying the home or b) terminate the lease. Q: Is there a credit requirement? A: No, but we no evictions or foreclosures in the past 7yrs. Q: Is there an income requirement? A: Yes, it is $5,250/mo. Q: Are Pets Allowed? A: Yes, we allow up to two pets under 30lbs each. Applicant’s must provide shot records dated in the past year, including the pet’s breed and weight.
110 Warren St is a house located in Warren County and the 37110 ZIP Code. This area is served by the Warren County attendance zone.
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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One-Time Basics
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Due at Move-In
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Security Deposit - RefundableCharged per unit.$3,675
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Due at Move-In
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Dogs
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Allowed
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Cats
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Allowed
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Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
House Features
Dishwasher
Hardwood Floors
Refrigerator
Freezer
- Dishwasher
- Oven
- Refrigerator
- Freezer
- Hardwood Floors
- Tile Floors
- Lawn
Contact
- Phone Number
- Contact
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Source
Nestled in the foothills of the Cumberland Plateau, McMinnville is situated about halfway between Nashville and Chattanooga in Warren County. The lush surrounding environment of the Upper Cumberland provides abundant options for outdoor recreation at local parks as well as attractions like the Cumberland Caverns, Rock Island State Park, and Fall Creek Falls State Park.
Nicknamed the Nursery Capital of the World, McMinnville is a landscaping hobbyist’s dream, containing hundreds of wholesale and retail nurseries. McMinnville also draws music lovers from all over the world to enjoy live performances at the one-of-a-kind Bluegrass Underground.
McMinnville maintains a small-town atmosphere with friendly residents and a strong sense of community. Annual events such as the Mountain Crawl, Taste of the Underground, Warren County Arts and Crafts Fair, Autumn Street Fair, and the Christmas Parade bring the community together in McMinnville.
Learn more about living in McMinnville- Dishwasher
- Oven
- Refrigerator
- Freezer
- Hardwood Floors
- Tile Floors
- Lawn
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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110 Warren St Photos
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
110 Warren St
McMinnville, TN 37110