5585 RIDGEWOOD ST, Detroit, MI 48204
5585 RIDGEWOOD ST, Detroit, MI 48204
5585 RIDGEWOOD ST, Detroit, MI 48204
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0.36 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type ImprovedLand

Listing Status Active

Purchase Type For Sale

Subdivision Dailey Park Sub (Plats)

MLS Listing ID 20240040990

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type ImprovedLand

Property Description

Check out this residential zoned vacant lot located close to the expressway. This lot is ready for you to build your dream home or income generating property. Brought to you by the Detroit Land Bank. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Location

State MI

County Wayne

Area Area05101Detsouthofgrandriver

Interior

Fireplace No

Exterior

Garage Spaces 1.0

View Y/N No

Garage false

Building

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo


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Realcomp MLS
Listed by Erick Monzo of Keller Williams Realty-Great Lakes

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Robert Kabbani

Robert Kabbani

+1(313) 926-2200

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