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$3,500
5406 Ivanhoe St, Detroit, MI 48204
3 Beds
1 Baths
3,700 sqft

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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.
  • Price:
  • $3,500
  • Bedrooms:
  • 3
  • Full Baths:
  • 1
  • Square Footage:
  • 3,700
  • Acreage:
  • 0.12
  • Year Built:
  • 1923
  • Listing ID #:
  • 2200083627
  • Street Address:
  • 5406 Ivanhoe St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48204
  • County:
  • Wayne
  • Community:
  • Det South Of Grand River
  • Subdivision:
  • Security Land Cos (plats)
  • Listing Status:
  • Active
  • Architecture Style:
  • Colonial
  • Basement Type:
  • Unfinished
  • Foundation:
  • Basement
  • Foundation Material:
  • Block
  • Has Basement:
  • 1
  • Siding:
  • Brick
  • Stories:
  • 2 Story
  • Total Building Square Footage:
  • 3700
  • Year Built:
  • 1923
  • Road Frontage:
  • 43
  • Road Frontage Type:
  • Paved
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 0.0000
  • Winter Tax:
  • 0.0000
  • Total Rooms:
  • 6
  • Garage Type:
  • No Garage
  • Existing Water:
  • Municipal Water
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer-Sanitary
  • Water Heater:
  • Natural Gas
  • IDX provided courtesy of Realcomp II Ltd. Bellabay Realty Tri Counties
  • IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri-Counties and Realcomp II Ltd, ©2020 Realcomp II Ltd. Shareholders FARMHILL

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