$100,000
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1130 Norwood Road Lansing, MI 48917
2 Beds
1 Bath
1,004 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,004 sqft
Price per Sqft $83
MLS Listing ID 20251049147
Sold Date 12/05/25
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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