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16164 Stoepel Street

Detroit, MI 48221
  • $65,000
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: 20240000003
Price Reduced
UPDATED: 146 min ago
$65,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $27
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Zoning:
Multi-Family
Lot Size Dimensions:
35.00 x 120.00

School Ratings & Info

School District:

Description

Huge Development Opportunity at Livernois & Puritan with A-1 Collision Shop on the market, this multi-family home at 16164 Stoepel St becomes a focal point in the Live 6 Area. Generate wealth and add a 4th unit with Carriage House Plans in the and University of Detroit Mercy Corridor. The first floor unit is occupied, please do not disturb the tenant (tenant pays all utilities). The second floor two bedroom unit has its own front and rear patio. The garden level studio has not been rented in some time and will need to be activated. The carriage house was recently torn down but has unlimited potential as an artist studio + garage. Private gated parking in rear for 2-3 cars. With the right touches and a little TLC this could be a beautiful home and HUGE money maker for landlords or an AirBNB Superhost to service the University community.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-05T03:36:07.497.
www.refacmi.com/homes/146312700
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16164 Stoepel Street Detroit, MI 48221

  • Price: $65,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 146 min ago
  • ID#: 20240000003
0
Beds
3
Baths
0
½ Baths
0.1
Acres
2,400
SQFT
$27
$/SQFT
1928
Built
Neighborhood:
Addison Heights (Plats)
County:
Wayne
Area:
Det 6-tire - Grnfld - Livernois
School District:
DETROIT
Property Description
Huge Development Opportunity at Livernois & Puritan with A-1 Collision Shop on the market, this multi-family home at 16164 Stoepel St becomes a focal point in the Live 6 Area. Generate wealth and add a 4th unit with Carriage House Plans in the and University of Detroit Mercy Corridor. The first floor unit is occupied, please do not disturb the tenant (tenant pays all utilities). The second floor two bedroom unit has its own front and rear patio. The garden level studio has not been rented in some time and will need to be activated. The carriage house was recently torn down but has unlimited potential as an artist studio + garage. Private gated parking in rear for 2-3 cars. With the right touches and a little TLC this could be a beautiful home and HUGE money maker for landlords or an AirBNB Superhost to service the University community.
Exterior Features

Architecture Level 2 Story Architecture Style Historic Construction Materials BrickStucco Exterior Features Fenced Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 35.00 x 120.00 Parking Total 3 Pool YN No Road Frontage Feet 35 Road Frontage Type Paved Roof Material Asphalt Side Of Street E Waterfront YN No

Interior Features

Basement Type Partially FinishedWalkout Access Basement YN Yes Baths Total 3.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Interior Features Cable Available Living Area Source Measured Sq Ft Combined 2400 Sq Ft Total Basement 750 Unit Efficiency Number Of 1 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Down Payment Resource YN Yes Existing Lease YN No Gross Scheduled Income 25200.00 Income Projection Projected Land Contract YN No Listing Financing CashConventionalFHA 203K Monthly Rental Income 2100 Net Operating Income 20200.00 Number Of Units Leased 1 Operating Expense 5000.00 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN Yes Pets Allowed Cats OKDogs OK Postal City Detroit Protection Period 90 Rent Includes Water Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at Street Short Sale No Tax Amount Summer 38.0000 Tax Amount Winter 5.0000 Title Standard (Private) Total Tax 43.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 16164 STOEPEL Street Water Source Public (Municipal)Water at Street Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Historic Realty Detroit: (313) 752-0533 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-05T03:36:07.497.
 
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