5585 RIDGEWOOD Street, Detroit, MI 48204
5585 RIDGEWOOD Street, Detroit, MI 48204
5585 RIDGEWOOD Street, Detroit, MI 48204
5585 RIDGEWOOD Street, Detroit, MI 48204
5585 RIDGEWOOD Street, Detroit, MI 48204
5585 RIDGEWOOD Street, Detroit, MI 48204
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$ 5,000
Est. payment | /mo

0.36 Acres Lot


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$ 5,000
Est. payment | /mo
Save

0.36 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240040990

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 26 x 597

Source Realcomp

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

Zoning Residential

Direction South of Jeffries Fwy, East of Livernois

Exterior

View Y/N No

Schools

School District Detroit

Others

Tax ID 16004297.

Acceptable Financing Cash

Listing Terms Cash

Listed by Keller Williams Realty-Great Lakes

NEARBY SCHOOLS & PROPERTIES

Richard Stewart

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

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5585 RIDGEWOOD Street

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