5585 Ridgewood St Detroit, MI 48204  | Land/Lot
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$5,000

5585 Ridgewood St Detroit, MI 48204
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About This Home

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

5585 Ridgewood St Detroit, MI 48204

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Listing Agent

Erick Monzo

Erick Monzo

The Monzo Group

(1504 reviews)
Avg Price Sold$181.8K
Years Experience7
Total Transactions4772