1130 Norwood Road, Lansing, MI 48917

Listing 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.

Source: SparkMLS

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