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$975 / 1br - 650ft2 - 🏡 Lease-Purchase Opportunity – 1 Bed / 1 Bath Home (Lemay)
E Velma, Saint Louis, MO 63125
E Velma near S Broadway
1BR / 1Ba
650ft2
available now
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Looking for a cozy home you can make your own while working toward ownership?
This 1 bedroom, 1 bathroom single-family house is available on lease purchase, giving you time to settle in and prepare to buy while already living in the home.
✨ Highlights
Private, single-family home (no shared walls)
1 comfortable bedroom + 1 full bathroom
Nice kitchen + living area layout
Mudroom by back door
Yard space and front porch you can enjoy and personalize
Washer/dryer hookups
Affordable monthly payments
Path to ownership — not a rental only
💡 Who this is perfect for
Someone who wants a stable home, is ready to move forward with buying, and likes the idea of building toward ownership without needing to qualify with a bank right away.
📌 Basic Requirements
Steady household income of $2925/month or more (before taxes)
Commitment to becoming a homeowner
Must pass criminal background checkx
No evictions in past 10 years
Must be able to make payments electronically
This is strictly a NON SMOKING home while being leased.
📃 Lease-Purchase Program
Total purchase price: $89,900
5% Option fee of $4,495 (required AT or BEFORE move-in)
Get your own loan and purchase the house within 12-24 months
Monthly lease payment is $975/month. Lessee pays for all utilities.
**Some photos are virtually staged. Home does not come furnished.
**Washer / dryer hookups in basement.
**Roof, a/c, furnace and water heater all 7 years old.
(Owner is a licensed real estate agent.)