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: N/A
  • Year Built: 1923
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active
  • Days on Market: 296

Tax and Assessment Information

Tax and assessment information is unavailable.

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.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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