5545 RIDGEWOOD Street Pending

Detroit,MI 48204 2198

$ 51900

4 Beds

2 Baths

1688 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,688 sqft

Price per Sqft $30

Subdivision Dailey Park Sub (Plats)

MLS Listing ID 60312302

Style 2 Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,688

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 Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Hot Water

Exterior

Garage Detached Garage

Garage Spaces 1.0

Waterfront No

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $240

Energy Description Natural Gas

Financing Cash

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