5545 RIDGEWOOD Street Pending

Detroit,MI 48204

$ 51900

4 Beds

2 Baths

1688 SqFt


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

HOA Y/N no

Originating Board Realcomp II Ltd

Year Built 1923

Annual Tax Amount $1,130

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53.00 x 120.00

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

Direction Exit I-96, go south down Livernois, take left onto Ridgewood St, house is on the right.

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Detached

Garage Description 1 Car

Waterfront no

Road Frontage Paved

Garage yes

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I004292S

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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