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$245,000
Est. payment /mo
3 Beds
2 Baths
2,611 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,611 sqft
Price per Sqft $93
Subdivision Rose Acres Lt 6 Resub Aka Joins
MLS Listing ID 25051143
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1940
Acres 0.28
Property Sub-Type Single Family Residence
Property Description
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. $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!
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. $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!
Location
State MO
County St. Louis
Area 76 - Pattonville
Rooms
Basement Finished
Main Level Bedrooms 2
Interior
Fireplaces Number 1
Fireplace Y
Exterior
Parking Features false
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One
Schools
Elementary Schools Rose Acres Elem.
Middle Schools Holman Middle
High Schools Pattonville Sr. High
School District Pattonville R-Iii
Others
Ownership Private
Special Listing Condition Standard
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Listed by Matt Guignon • Invest St. Louis
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