153 Okemos Road, Mason, MI 48854
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153 Okemos Road, Mason, MI 48854
153 Okemos Road, Mason, MI 48854
153 Okemos Road, Mason, MI 48854
153 Okemos Road, Mason, MI 48854
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Karen Austin

Karen Austin

+1(517) 290-4493
$ 149,000
Est. payment /mo
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153 Okemos Road Mason, MI 48854

6 Beds

1 Bath

1,200 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $124

Municipality Ingham Twp

MLS Listing ID 26054021

Style Traditional

Bedrooms 6

Full Baths 1

Year Built 1900

Annual Tax Amount $3,238

Tax Year 2025

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

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

Rooms

Basement Slab

Interior

Heating Forced Air

Fireplace false

Laundry Other

Exterior

View Y/N No

Garage No

Building

Story 1

Sewer Public, None

Water Public

Architectural Style Traditional

Structure Type Wood Siding

New Construction No

Schools

School District Mason

Others

Tax ID 33-19-10-04-351-041

Acceptable Financing Other, Cash, FHA, VA Loan, Conventional

Listing Terms Other, Cash, FHA, VA Loan, Conventional

Listed by eXp Realty, LLC

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Karen Austin
Karen Austin

Broker Associate

+1(517) 290-4493 | karenaustin4@gmail.com

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