217 E. Pearl St.

Attention flippers and investors — rehab special at $75,000.

217 E. Pearl St. is a two-story Farm House on a fenced lot in downtown Ovid, built around 1900. It needs work. But the two updates that usually scare people off on a rehab are already done: the roof was replaced in 2020, and the furnace was updated in 2017. There are some vinyl replacement windows in place too. The seller is motivated.

This is a sweat-equity play — the right buyer is someone who’s done one of these before, knows what they’re looking at, and sees past the current condition to what the footprint could be.

At a glance

• 2 bedrooms · 1 bathroom — with the second-story room as a possible third bedroom (private entrance off the back)
• Built ~1900 — Farm House, two stories, downtown Ovid block
• 1,000 sq ft over a crawl space
• Roof replaced 2020
• Furnace updated 2017
• Some vinyl replacement windows already in place
• Spacious front porch — original covered entry, part of the character
• 8 × 10 shed in the back
• Fenced yard on a .13-acre lot (5,663 sq ft)
• Forced-air heat — natural gas
• Public water and sewer
• MLS #50202299

Who this fits

An investor with a flip in them and a crew that can turn the cosmetics fast. An owner-occupier who’s handy, wants a downtown Ovid address, and is buying the right project at the right number instead of stretching for a turnkey. Or a long-term hold for a small landlord who wants a well-located rental once the interior is brought current.

This is not a first-time buyer’s home in its current condition. If you’re new to buying, call me anyway — I’ll walk you through what this kind of purchase actually looks like, what a renovation loan can cover, and whether it makes sense for your situation.

Want to walk through?

Call or text Charles at 989.251.6954 to schedule a private tour this week, or send a message with a few sentences about what you’d do with the property. Buyer representation at no cost to you.