BEDS0
BATHS4 full 4 partial
SQUARE FEET4,000
MLS#20261044349
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJoseph Tireman
SCHOOLDetroit
Property Description
LOCATED 6 MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, YOU WILL FIND 5319 IVANHOE NESTLED ON A SPACIOUS 6,795 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF, GUTTERS, TRIM AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. EVERY WINDOW lHAS BEEN UPGRADED WITH TOP OF THE LOW E MAINTENANCE FREE APPOINTMENTS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING AND BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $4605 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PERCENT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Quadruplex
Lot Size: 0.16 Acres
Year Built: 1924
Feature Descriptions
Architecture: Quadruplex
Exterior: Block
Foundation: Basement
Lot Dimensions: 0.16 Acre(s)
Road Frontage: Paved
Summer Tax: $1741.0000
Winter Tax: $2084.0000
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: KW Domain
Agency Phone: (248) 590-0800
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 2,354.15 per month $2,237.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.67 Homeowner's Insurance
5319 Ivanhoe Street | MLS# 20261044349
This multi-family property located at 5319 Ivanhoe Street, Detroit, MI 48204 is currently listed for sale with an asking price of $400,000. Ivanhoe Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.