518 Lakeside Drive, Altus, OK 73521
- $149,900
- 4
- BD
- 3
- BA
- 2,954
- SqFt
- List Price
- $149,900
- MLS#
- 1250491
- Days on Market
- 3
- Living Area
- 2,954
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 4
- Full Bathrooms
- 3
- Neighborhood
- Lakeside Terrace 2
Property Description
INVESTOR SPECIAL ON LAKESIDE — AS-IS SALE WITH SERIOUS UPSIDE! Opportunities like this don't come along often in Altus. Sitting on Lakeside Drive with an in-ground pool and a backyard overlooking the lake, this home offers the bones, location, size, and upside investors look for — without paying finished-retail pricing. The property is being sold strictly AS-IS and is ready for the next owner to complete the transformation. A recent appraisal indicates an estimated AFTER-REPAIR VALUE (ARV) of approximately $310,000, giving an investor the opportunity to step into a substantial value-add project with the heavy lifting already identified. The home offers a large living space with a spacious existing floor plan, fireplace, attached garage, in-ground swimming pool, and a backyard setting overlooking the lake. The size and layout provide excellent potential for a modern renovation designed around today's buyer. LOCATION MATTERS. You're minutes from Altus Air Force Base, with convenient access to shopping, schools, restaurants, and the rest of Altus while still getting something that's difficult to reproduce — a pool and lake setting. This is NOT a turnkey retail home, and it isn't being priced or represented as one. Bring your contractor, bring your vision, and finish it your way. Whether you're looking for your next flip, a value-add investment, or a property you can renovate for yourself, 518 Lakeside gives you something you can't manufacture later: LOCATION, SIZE, SETTING, AND UPSIDE. Serious buyers only. Property is being sold AS-IS. Schedule your showing, walk the property, run your numbers, and make your offer.
Additional Information
- Construction
- Brick & Frame
- Year Built
- 1972
- School District
- Altus
- Elementary School
- Altus Early Childhood Center, Altus ES, Altus Prima
- Middle School
- Altus Intermediate School, Altus JHS
- High School
- Altus HS
- Roof
- Shingle
- Cooling
- Electric
- Heating
- Electric
- Exterior Features
- Lake, Storage
- Lot Description
- Lakefront
- Pool Type
- Diving Board, Gunite, Outdoor Pool, Pool/Spa Combo
- Lot Size
- 9,923
- Acres
- 0.23
- Foundation
- Slab
- Garage Spaces
- 2
Courtesy of Ryan Dunning and MK Partners Inc. (405) 310-9321
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