$ 5,000
5585 RIDGEWOOD Street Detroit, MI 48204
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$ 5,000
Est. payment | /mo
0.36 Acres Lot
$ 5,000
Est. payment | /mo
0.36 Acres Lot
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
Waterfront no
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
©2024 Realcomp II Ltd. Shareholders
Listed by Erick Monzo of Keller Williams Realty-Great Lakes