Homes for sale - 1130 Norwood Road, Lansing, MI 48917

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Kristine Ludy

kristine@realtorsinmichigan.com +1(248) 704-9922

$100,000

Est. payment - /mo

2 Beds

1 Bath

1,004 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,004 sqft

Price per Sqft $99

MLS Listing ID 20251049147

Bedrooms 2

Full Baths 1

Year Built 1950

Annual Tax Amount $2,090

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 216 X 151

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

ATTENTION INVESTORS AND BUYERS WITH A VISION: Prime Opportunity at 1130 Norwood Road - Solid Mid-Century Ranch with ROI Potential. Discover this promising investment property - a well-built 1950s ranch offering 1,000+ sq ft of versatile space on a generous quarter-acre lot with 216 feet of frontage. This structurally sound property presents an ideal opportunity for value-add improvements and strategic updates. Efficient Layout: Single-level, 2-bedroom, 1-bath floor plan appeals to both rental markets, handy owners, and first-time buyers. Attached 2-Car Garage: Valuable amenity for rental marketing or future resale. The spacious, light-filled interior features an open concept living area and kitchen - perfect for modern updates that could significantly boost rental rates or resale value. Both bedrooms offer generous sizes, providing flexibility for various tenant needs or buyer preferences. The oversized lot provides ample space for potential expansion or outdoor living improvements that could further increase property value.Located in an established neighborhood with strong rental demand and quick commuter access, this property offers multiple exit strategies: fix-and-flip, buy-and-hold rental, or owner-occupied renovation. With strategic updates to the mechanical systems and cosmetic improvements, this solid mid-century ranch could deliver strong returns for the savvy investor or an owner with just a little vision.

Location

State MI

County Ingham

Direction From North Waverly Road in Lansing, head north and pass Subway on your left, then turn right onto West Willow Street. Continue for a short distance before turning right onto Eastfield Road, and almost immediately make another right onto Norwood Road. Your destination will be on the left.

Rooms

Basement Slab

Interior

Heating Forced Air

Exterior

Parking Features Attached

Garage Spaces 2.0

View Y/N No

Roof Type Asphalt

Garage Yes

Building

Story 1

Sewer Public

Water Public

Structure Type Aluminum Siding,Vinyl Siding

Schools

School District Waverly

Others

Tax ID 210107405001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by LPT Realty, LLC

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Kristine Ludy

+1(248) 704-9922

Agent | License ID: 6501431660

Agent License ID: 6501431660

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1130 Norwood Road Lansing, MI 48917

Kristine Ludy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1130 Norwood Road