5545 Ridgewood Street Detroit, MI 48204
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!
- Property TypeSingle Family Home
- NeighborhoodDailey Park Sub (Plats)
- CountyWayne
- Taxes$1,130
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID Number20240037833
- Home Size Source N/A
- Year Built1923
- Lot Size0.15 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Bungalow
- Construction Brick
- Parking Detached
- Sewer Public Sewer
- Basement Unfinished
- Number of Stories 2
- Water Public
- Garage Spaces 1
- Foundation Block
Interior Features
- Heating Hot WaterNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Senior Community No
- MLS Area Det South Of Grand River