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! $7917 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!
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Listing Snapshot
Price
$245,000
Days On Site
21 Days
Bedrooms
3
Inside Area (SqFt)
2,611 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
0.28 Acres
Year Built
1940
MLS® Number
25051143
Status
Active
Property Tax
$3,052
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
0.28
Property Sub Type
Single Family Residence
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1587
SqFt Below
1024
Stories
One
Style
Traditional
Utilities
Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedUnderground UtilitiesWater AvailableWater Connected
Interior Features
Basement
Finished
Fireplace
Yes
Fireplaces
1
Main Level Bedrooms
2
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Community Features
MLS Area
76 - Pattonville
School District
Pattonville R-III
Township
Maryland Heights
Schools
School District
Pattonville R-III
Elementary School
Rose Acres Elem.
Middle School
Holman Middle
High School
Pattonville Sr. High
Listing courtesy of Invest St. Louis
Based on information submitted to the MLS GRID as of 2025-08-15 12:12 AM UTC.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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