Additional details

Jennifer Allen

jenniferallensells@yahoo.com +1(810) 394-4462

$149,000

Est. payment - /mo

6 Beds

1 Bath

1,200 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $124

MLS Listing ID 81026054021

Style Traditional

Bedrooms 6

Full Baths 1

Year Built 1900

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type SingleFamilyResidence

Property Description

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 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

Location

State MI

County Ingham

Area Area11111Inghamtwp

Rooms

Main Level BathFull

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry Other

Exterior

View Y/N No

Garage false

Building

Foundation Slab

Sewer None, Public Sewer

Water Public

New Construction No

Schools

School District Mason

Others

Acceptable Financing Cash, Conventional, FHA, Other, VaLoan

Listing Terms Cash, Conventional, FHA, Other, VaLoan

Special Listing Condition AgentOwned

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Listed by Jason Mead of eXp Realty, LLC

Nearby School & Business

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Jennifer Allen

+1(810) 394-4462

Broker Associate License ID: 6502419769

153 Okemos RD Ingham Twp, MI 48854

Jennifer Allen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information

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