Detroit, MI 48204,5545 RIDGEWOOD Street
$46,000
$51,900
11.4%
Est.Price: ?

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4 BD
2 BA
1,688 SqFt

5545 RIDGEWOOD Street Detroit, MI 48204

Est. payment /mo
SOLD DATE : 10/18/2024

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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

Style Bungalow

Bedrooms 4

Full Baths 2

Year Built 1923

Annual Tax Amount $1,130

Lot Size 6,534 Sqft

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

Interior

Heating Hot Water

Exterior

Parking Features Detached

Garage Description 1 Car

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Cash

Listing Terms Cash

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Realcomp MLS
Listed by Vincent Rush of EXP Z Real Estate
Bought with Right House Realty Company

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agent

Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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