5545 Ridgewood St, Detroit, MI 48204

$46,000
4
BD
2
BA
1,688
SqFt

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Sold Price
$46,000
List Price
$51,900
Closing Date
Oct 18, 2024
MLS#
20240037833
Status
CLOSED
Bedrooms
4
Bathrooms
2
Total Square Footage
1,688
Subdivision
DAILEY PARK SUB (PLATS)

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!

Additional Information

Year Built
1923
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.15
Style
Bungalow
Acres
0.15
School District
Detroit
Heating
Hot Water, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

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Calculator source: Real Geeks

Courtesy of EXP Z Real Estate 2489371337

Selling Office: Right House Realty Company.

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