5545 RIDGEWOOD Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Pending
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $30
Subdivision Dailey Park Sub (Plats)
MLS Listing ID 20240037833
Style Bungalow
Bedrooms 4
Full Baths 2
Year Built 1923
Annual Tax Amount $1,130
Lot Size 6,534 Sqft
Property Description
Investment property priced to sell. Set up like duplex with two meters available, but regestered with the county as single family. What that means is that after renovations the property can be financed with a bank, whether to resale as a flip with new buyers or refinance the home and still profit from separate metered rental units with tenants paying the utilities. Also owner can live in one and rent out the other.
Each unit has 2 bedrooms, 1 bath and kitchen. The property needs renovations. The bones are solid, only cosmetics are needed.
Home comes with a Warrantee Deed and all property taxes and water are paid and current.
Don't miss out on this deal!
Location
State MI
County Wayne
Area Det South Of Grand River
Interior
Heating Hot Water
Exterior
Garage Detached
Garage Description 1 Car
Pool No
Waterfront no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $240
Acceptable Financing Cash
Listing Terms Cash