5406 Ivanhoe Street, Detroit, Michigan 48204

$39,900

Property Details

MLS#: 20251060363
Bedrooms: N/A
Bathrooms: 4
Square Feet: 5,550
Price per Sqft: $7
Lot Size: 0.12 acres
Year Built: 1923
Property Type: ResidentialIncome
Status: Active
Days on Market: 89

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.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 5406 Ivanhoe Street?

5406 Ivanhoe Street is listed at $39,900, or $7 per square foot.

How many bedrooms does 5406 Ivanhoe Street have?

This property has N/A bedrooms and 4 bathrooms, with 5,550 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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