Turnkey investment with built-in upside! This beautifully updated single-family home is under a lease-purchase agreement with the tenant paying $2,475/month and responsible for all repairs and maintenance. Nearly $15,000 in nonrefundable down payment already collected, with more accruing monthly. Renovated in 2023 with new roof, HVAC, and flooring — all the major expenses are done! Owner financing available at 6.4% with 25% down, 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!
Home has been updated throughout! Hardwood entry, formal dining room & living rooms have fresh paint, new carpeting and new lighting in the dining room. The family room offers new flooring, wood burning fireplace and large bay window. The kitchen is updated with 18×18 ceramic tile flooring, new cabinets, granite counter tops and stainless appliances. Powder bath on main floor new vanity. 4 spacious beds upstairs with hardwood & new carpet, ceiling fans and lighting. Fresh paint on 2nd level! Upstairs you will find hardwood in bedroom 4 and in the hall. The hall bath offers tile flooring, and a new vanity. The master bedroom is spacious and also offers new carpeting, ceiling fan, & paint. Delightful primary bath has separate tub and oversized shower. Excellent schools and neighborhood.
Basic Details
Property Type : Residential Income
Listing ID : 25061332
Price : $390,000
Square Footage : 1,798
Year Built : 1997
Lot Area : 0.24 Acre
Status : Active
Features
Heating System : Forced Air
Cooling System : Central Air
Basement : 8 ft + Pour
Fireplace : Great Room
Parking : Driveway
SchoolDistrict : Francis Howell R-III
Taxes Paid : $0
Fireplaces Total : 1
Architectural Style : Traditional
Address Map
Directions : GPS Friendly
Mls Area Major : 411 - Francis Howell North
Neighborhood
Elementary School : Harvest Ridge Elem.
High School : Francis Howell North High
High School District : Francis Howell R-III
Middle School : Barnwell Middle
Additional Information
Electric : 220 Volts
Garage : 2
Levels : Two
On Market Date : 2025-09-06
Water Source : Public
Association Amenities : Common Ground
Attached Garage Yn : 1
Construction Materials : Brick, Aluminum Siding
Financial
Tax Annual Amount : 3456
Association Fee : 108
Association Fee Frequency : Annually
Association Fee Includes : None
Association Yn : 1
Listing Information
List Agent Mls Id : ANDUNHAM
List Office Mls Id : RDKY03
Listing Term : Cash,Conventional,Private Financing Available,Seller Financing