1130 Norwood Road Coming Soon Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48917 2362
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $99
Subdivision Westfield Hills 2
MLS Listing ID 60948605
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 1,004
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
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
Area Lansing Twp (33006)
Interior
Heating Forced Air
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Garage Description 11x19
Garage Yes
Building
Story 1 Story
Foundation Slab
Water Public Water
Architectural Style Ranch
Structure Type Aluminum,Vinyl Siding
Schools
School District Waverly Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA 203K