5585 RIDGEWOOD ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
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
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
Exterior
Garage Spaces 1.0
View Y/N No
Building
Sewer SewerAtStreet
Water WateratStreet
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo