INVESTOR / SCRATCH-AND-DENT OPPORTUNITY IN MASON -- BUILT-IN EQUITY POTENTIAL! 153 Okemos St offers a great opportunity for investors, landlords, flippers, contractors, or an owner-occupant willing to put in some sweat equity. This 3-bedroom, 1-bath home offers approximately 1,200 square feet of living space on a generous 0.27-acre lot in… Read More the City of Mason. The numbers are where this property gets interesting. Estimated ARV: $220,000-$235,000 Estimated Market Rent: $1,600-$1,750/month Potential Annual Gross Rent: $19,200-$21,000 For a buyer getting into the property in the mid-$160,000s to low-$170,000s, that could represent approximately $50,000-$70,000 in potential equity once the property is updated and brought to its full retail potential. For the flipper, there is room to improve the property cosmetically and capitalize on Mason's stronger retail market. For the buy-and-hold investor, a projected $1,600-$1,750 monthly rent provides a solid rental opportunity in a market with l Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Residential
Beds
6
Full Baths
1
Square Ft.
1,200
Lot Size
0.27 Acres
Year Built
1900
MLS Number
81026054021
30 Days Snapshot Of 48854
$88k
-78%
(avg) sold price
1
-83%
home sold
31
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement?: 1
Building
1,200 total square feet, 1,200 combined square feet, 1,632 lower floor square feet, 2,016 total basement square feet, Built in 1900, Architectural style: Traditional, 1 Story, Wood
Foundation
Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.27, Lot size dimensions: 0
Property
Property type: Residential
Taxes
Tax amount (summer): $3,238
Sewer
Sewer (Sewer-Sanitary), Other/None
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Confirm your time
Fill in your details and we will contact you to confirm a time.