$2,625

5406 Ivanhoe Street

Detroit MI, 48204

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.

Details

MLS#2200083627
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1923
Days On Site195

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet3,700
Story(s)2 Story
Acreage0.12

Market Activity 48204

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Area Information
StateMI
CountyWayne
CityDetroit
Zip Code48204
AreaDet South Of Grand River
Community NameSECURITY LAND COS (PLATS)
School DistrictDetroit
Listing VS Median (in SECURITY LAND COS (PLATS))
Price:
$2,625
low | high
Med:
$2,625
50% of Average
SqFt:
3,700
low | high
Med:
3,700
50% of Average
$ / SqFt:
$1
low | high
Med:
$1
50% of Average
On Site:
195
low | high
Med:
195
100% of Average
Sourced by Back At You
Listing Updated: April 21, 2021 8:06:10 PM PDT
Natasha C Richards LogoMLS Number: 2200083627
Listing Provided By:
Natasha C Richards  of  Bellabay Realty Tri Counties
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