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2 Properties For The Price Of One!

152 & 148 S Main St, Foristell, MO 63348

$250,000 After Repair Value -
$199,900 Asking Price -
$0 Cost of Repairs =
$50,100 Potential Profit

Property Details

Asking Price $199,900

After Repair Value $250,000

Costs of Repairs $0

Potential Profit $50,100

Living Area 1348 ft2

Property Type Multiple / Combo

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

Property Description

Two properties for the price on one! Live in one and rent the other or rent both of them or use the 2nd home as an in-law house. The options are limitless. It is zoned small business commercial/residential in sought after Wentzville Timberland School District. Each home has a separate drive/access to private, fenced yards. The first home, 152 S. Main has historical significance as the original train station in Foristell. 1396 sq. ft. 3 bedroom 2 baths, fireplace and a 2 car detached garage. The tenant is on a month to month lease @ $800 per month. 148 S. Main is a manufactured home on a foundation and sided. It has 3 bedrooms and 2 baths and was renovated a year ago. The tenant has a 1 year lease at $895 per month. Both units are rented below market value.

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Kathy Garner

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