$46,000
$51,900
11.4%For more information regarding the value of a property, please contact us for a free consultation.
5545 RIDGEWOOD Street Detroit, MI 48204
4 Beds
2 Baths
1,688 SqFt
Key Details
Sold Price $46,000
Property Type Single Family Home
Sub Type Bungalow
Listing Status Sold
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $27
Subdivision Dailey Park Sub (Plats)
MLS Listing ID 20240037833
Sold Date 10/18/24
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
Parking Features Detached
Garage Description 1 Car
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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Bought with Right House Realty Company