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… Read More 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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Bellabay Realty Tri Counties, [email protected], (248) 274-6614.
Listing Snapshot
Days Online
186
Last Updated
Property Type
Multifamily
Square Ft.
3,700
Lot Size
0.12 Acres
Year Built
1923
MLS Number
20251060363
30 Days Snapshot Of 48204
$129k
+94%
(avg) sold price
11
-8%
homes sold
71
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
4 total units, 4 two-bedroom units, Built in 1923, Architectural style: Colonial, Common Entry Building, Brick, 3,700 total square feet, 5,550 combined square feet, 1,850 lower floor square feet, 1,850 total basement square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.12, Lot size dimensions: 42.5X120
Miscellaneous
Gross scheduled income: $0, Income projection: Actual, Monthly rental income: $0, Net operating income: $0
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $0, Tax amount (winter): $0
Sewer
Sewer (Sewer-Sanitary)
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