5406 Ivanhoe Street, Detroit, MI 48204

• 4 baths |
• 5,550 sqft

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.

Listing Status:

Active

Listing Office:

Bellabay Realty Tri Counties : 2482746614

Listing Agent:

Natasha C Richards : 2482746614

MLS ID:

20251060363

Interior

• Basement: Unfinished
• Heating: Forced airNatural gas

Exterior

• Style: Common entry buildingColonial
• Pool: None

Construction

• General: BrickTwoBasementBlock

Location

• Road/Access: Paved
• Originating MLS: Realcomp II Ltd
• School District: Detroit
• County: Wayne

Lot

• Zoning: N IVANHOE 184 SECURITY LAND COS SUB L29 P85 PLATSW C R 16/183 42.50 X 120W16I002988S

Utilities

• Water: Public
• Sewer: Public sewer

Financial

• Source: Realcomp II Ltd

This listing courtesy of Natasha C Richards, Bellabay Realty Tri Counties