Turnkey investment with built-in upside! This beautifully updated home is under a lease-purchase agreement with the tenant paying $2,180/month and responsible for all repairs and maintenance with an agreed upon tenant purchase price of $281,216 with automatic rent increases built in. Lease commencement date of 3/15/25 with initial 3yr term.… Read More $2180month year 1, $2274/month year 2, $2372/month year 3. Owner collects 100% of rental income, no escrow! $79172 in nonrefundable down payment already collected. Renovated in 2023 with new roof, HVAC, and flooring — all the major expenses are done, making this a great fit for long-term investors seeking reliable cash flow with minimal landlord responsibilities. Tenant is committed to homeownership and treating the property as their own. Purchase individually or as part of a larger income-generating package! Read Less
Listing courtesy of Invest St. Louis, 314-325-6201.
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,587
Lot Size
0.28 Acres
Year Built
1940
MLS Number
25051143
Additional Details
Fireplaces
1 Fireplace Total, Fireplace Included
Basement
Basement: "Finished", Basement
Building
Above Grade Finished Area: 1587 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Traditional", Below Grade Finished Area: 1024 Sq.Ft., Below Grade Finished Area Source: Public Records, Levels: "One", Living Area: 2611 Sq. Ft., Year Built: 1940
Lot
Lot Size Acres: 0.28
Property
Property Sub Type: Single Family Residence
Taxes
Annual Tax Amount: 3052, Tax Year: 2024
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