The property at 428 S Massey St in Watertown is a 3-bedroom, 2-bathroom fixer-upper priced at $49K. Given the average valuation of similar properties in the area around $80K, there's potential for a solid return on investment. However, the property's condition indicates that significant renovations are needed, which could impact the overall profit margin in a flip scenario.

Investors should consider making strategic updates that appeal to buyers, such as modernizing the kitchen and bathrooms. Given the lower entry price, this property can be an attractive option for those willing to invest time and money. However, be cautious about renovation costs, as they can quickly add up.