2438 Creve Coeur Mill Road, Maryland Heights, Missouri 63043
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! $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!
Basic Details
Property Type : Residential
Listing ID : 25051143
Price : $245,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 2,611
Year Built : 1940
Lot Area : 0.28 Acre
Status : Active
Full Bathrooms : 1
Property Sub Type : Single Family Residence
Features
Basement : Finished
SchoolDistrict : Pattonville R-III
Taxes Paid : $0
Fireplaces Total : 1
Sewer : Public Sewer
Utilities : Electricity Available, Water Available, Cable Available, Natural Gas Available, Underground Utilities, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected