MI
Wayne
Detroit City
48204
5406 Ivanhoe Street
5406 Ivanhoe Street, Detroit City, MI 48204
Share Listing
Listing Type
Multi Family
Listing Status
Active
5
$39,900

Home Details for 5406 Ivanhoe Street

Price
$39,900
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
5550
Year built
1923
Lot size acres
0.12
County
Wayne
Garage
Basement
Unfinished
Days on site
0
MLS Listing#
20251060363
Property Description

Great income opportunity to include vacant lot, 5405 Spokane. Great location close to Livernois stretch, shopping, schools, major freeways and more! Home and lot will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority 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 abatements and lot combinations 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 abatements on the purchase and development financing.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
  • Basement
    • Unfinished
Listing Courtesy: Bellabay Realty Tri Counties - 248-274-6614
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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