Mike Smith
BEDS0
BATHS4 full 4 partial
SQUARE FEET4,000
MLS#20261077957
STATUSAccepting Backup Offers
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJ O S E P H T I R E M A N
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 HAS 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: Yes
Basement: Unfinished
Heating: Forced Air, Natural Gas
Home Style: Quadruplex
Lot Size: 0.16 Acres
Stories: 2.0
Taxes: $3,825
Year Built: 1924
Feature Descriptions
Days on Site: 11
Exterior: Block
Lot Dimensions: 56.9X120
Parcel#: W16I002942S
Pets Allowed: No
Sewer: Public Sewer
Summer Tax: 1741
Units: 4
Water: Public
Winter Tax: 2084
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: KW Domain
Agency Phone: 2485900800
Shown By
Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,378.63 per month $1,957.80 Principal & Interest $318.75 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598 | Illinois LIC# 481014661 640 S Washington St. Suite 212, Naperville, IL 60540
Agent License Information: Brokerage/Company License Number: MI-65-05366134
5319 Ivanhoe Street | MLS# 20261077957
This multi-family property located at 5319 Ivanhoe Street, Detroit, Mi 48204 is currently listed for sale with an asking price of $350,000. Ivanhoe Street is located within the Detroit school district. Search Detroit real estate on mikesmith.ikeyrealty.com today.