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About This Home
This land at 5585 RIDGEWOOD Street in Detroit, MI is listed for $5,000 (0.36 acres).
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.
Key Features
- 0.36 acre lot
Location
5585 RIDGEWOOD Street
Detroit, MI 48204
DAILEY PARK SUB (PLATS)
Questions & Answers
This 0-bedroom, 0-bathroom land at 5585 RIDGEWOOD Street is listed at $5,000. The estimated monthly payment is $22 based on 20% down at 6.5% interest.
Key features include: 0.36 acre lot.
This property is listed by Erick Monzo and can be reached at (586) 541-4000 or erick@monzogroup.com.
