1516 Montague Ave

About This Home

3 bedroom 2 bath Home WHAT WE LOVE ABOUT THE HOME: This is a simply stunning traditional brick home with beautiful greenery in the front and backyard. The home has been fully remodeled, like new, 1,600 sqft, with hardwood flooring throughout. It has 3 bedrooms, 2 full bathrooms, a spacious full kitchen, living room, den, and separate dining room. You will love all of the extra space throughout the home! The Master bedroom includes a separate bathroom, fully tiled, and a walk-in shower. The exterior of the home is private, shaded by mature trees, and has a 2 car carport! Nestled on Montague Ave in a quiet, family-friendly neighborhood, the area is great for inviting family and friends over…. or if you prefer, grab your rocking chairs and relax on the large covered front porch! This home is part of our Pathway to Homeownership program, offering a Rent-to-Own option that not only moves you in today but also secures your future ownership. With a monthly payment of $1,870*/mo, and a minimum reservation fee of $10,000, this program is a smart and secure investment in your future!. * Your electricity is 100% included, saving on average $250/month. ** Pets Allowed: $350 each pet (non-refundable deposit) + $50 each pet/ per month (pet rent). Bridgewater Realty Group provides homes on our unique Path to Home Ownership program. Our program allows you to step into ownership while you choose to either Rent-to-Own, select our Bridgewater Financing, or while you qualify for more traditional Bank loan financing. Please contact a Bridgewater Realty Group leasing consultant for more information, to view the property, or to apply by visiting ~~~~ No Credit? No problem! Your Income IS your Credit!!! ~~~~ LEASE TERMS: Monthly Payment: $1,870*/mo. + Reservation Fee * Your electricity is 100% included, saving on average $250/month ** Pets Allowed: $350 each pet (non-refundable deposit) + $50 each pet/ per month (pet rent) Monthly Income Requirements: $5,250/mo. (applicant total household) RESERVATION FEE OPTIONS (minimum): a) Rent-to-Own: 3.5% down = $10,000 Reservation Fee or b) Owner Financing: 10% down = $27,900 Reservation Fee or c) Minimum Down: 1.5% minimum = $4,185 partial Reservation Fee** + additional monthly (*NOTE: A partial Reservation Fee payment will allow the balance to be financed up to 18 months (plus finance charges), with a qualifying household income.) WORK-FOR-CREDITS PROGRAM: Don't have enough money saved for a home or would you like to have an opportunity to earn more credits? Can you do minor repairs like cleaning, painting, and yard work? We offer an optional Work for Credits program that allows you to do some of the property fix-up in exchange for credits towards your reservation fee payment. (*This is not a requirement and restrictions apply. Not every home or applicant will qualify for this program.) ADDITIONAL INFORMATION: Reservation fees are credited towards home purchase. Earn more monthly credits for a portion of each monthly payment No evictions or rental judgments in the past 2 years and a verifiable 3-year rental history. Pets are welcome with Pet Fee and Pet Rent per pet. No appliances are provided. Unfortunately, due to the nature of our program we are unable to work with the Section 8 voucher. Equal Housing Opportunity. PATH TO HOME OWNERSHIP PROGRAM: We consider everyone who applies to our Path to Home Ownership program. Our team will help guide you through this multi-level, 'one stop shop' program to help you achieve the American Dream of Homeownership! No matter what condition your credit is in, we have an option for you! This program offers those who may not qualify for a traditional bank loan and those in unique financial circumstances, the opportunity to eventually own a home. A minimum up-front payment is paid towards the price of the home and receive monthly credits each month you rent. Don't have enough money saved for your down payment or would you like to have an opportunity to earn more credits? Can you do minor repairs like cleaning, painting, and yard work? We offer an optional Work for Credits program that allows you to do some of the property fix-up in exchange for credits towards your reservation fee payment. (*This is not a requirement and restrictions apply. Not every home or applicant will qualify for this program.) "Our Mission is to Transform lives through Affordable Housing to Empower Families and Individuals to Enjoy the American Dream of Homeownership"