5585 RIDGEWOOD Street Active

Detroit,MI 48204

$ 5000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Dailey Park Sub (Plats)

MLS Listing ID 20240040990

Originating Board Realcomp II Ltd

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 26 x 597

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 Det South Of Grand River

Zoning Residential

Direction South of Jeffries Fwy, East of Livernois

Exterior

Road Frontage Paved

Building

Sewer Sewer at Street

Water Water at Street

Schools

School District Detroit

Others

Tax ID 16004297.

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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