SAINT LOUIS rent to own home - a single family home (2 beds, 1 baths)

Portfolio of 21 homes with 20 located in north St. Louis county, 1 in south St. Louis with a mix of 3, 2 and 1 beds. Potential to increase ents significantly both as-is and with additional updates. The average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes. Potential to update homes and sell them to owner-occupants in the future. There are numerous similarly sized updated homes selling for over $100,000 nearby. Management company in place that has been managing properties for 19 years located near the homes, management services can remain in place if desired. Most homes are located in very close proximity providing ease with maintenance, and leasing. Seller recently completed several capital expenditure items, and completed numerous turnovers. Sold as-is. Showings will be available with an accepted contract. An additional 21 home portfolio is available nearby. Please inquire for additional infoThis rent to own home is a single family home located in SAINT LOUIS. It offers 5249.00 sq. ft. in size, 2 beds and 1 baths. Review its detailed information and determine if this SAINT LOUIS rent to own...

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Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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