6
See all 6 photos
$5,000
Est. payment /mo
0.36 Acres Lot
Active
5585 RIDGEWOOD Street Detroit, MI 48204 2124
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60314939
Style Vacant Land
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 26 x 597
Property Sub-Type Vacant Land
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 Detroit (82001)
Zoning Residential
Building
Water Public Water at Street
Schools
School District Detroit City School District
Others
Ownership Government Owned
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Realty-Great Lakes