153 Okemos Road, Ingham Twp, Michigan 48854
$149,000
Property Details
- MLS#: 81026054021
- Bedrooms: 6
- Bathrooms: 1
- Square Feet: 1,200
- Price per Sqft: $124
- Lot Size: N/A
- Year Built: 1900
- Property Type: Residential
- Transaction: For Sale
- Listing Status: Active
Tax and Assessment Information
Tax and assessment information is unavailable.
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
This property is located in Ingham Twp, Michigan. Ingham Twp is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 153 Okemos Road?
153 Okemos Road is listed at $149,000, or $124 per square foot.
How many bedrooms does 153 Okemos Road have?
This property has 6 bedrooms and 1 bathrooms, with 1,200 square feet of living space.
Ask about this property
Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.
Phone: (313) 484-4696
Email: info@sonicrealty.com