16164 STOEPEL Street, Detroit 48221

$99,000

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MLS#: 216044761
• For Sale
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16164 Stoepel St. Live 6 - 4 unit built in 1928. Income Opportunity with Carriage House in the the Live6 and University of Detroit Mercy Corridor. Be your own boss!! The first floor unit is rented at 550.00 per month-do not disturb 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 is in need of a new roof but has unlimited potential as an artist studio + garage. Private gated parking in rear for 3-4 cars. DIY-with the right touches and a little TLC this could be a HUGE money maker for landlords that like to service the University. Bike or walk to class or work, and the market - make everyday Earth Day. A turn-key income opportunity!

Property Information    

Status
Active 
Address
16164 STOEPEL Street 
City
Detroit 
Zip
48221 
Year Built
1928 
Style
Duplex 
Architecture
1 1/2 Story 
Listing Date
05/10/2016 
Subdivision
Addison Heights (plats) 
County
Wayne 
Above Grade SqFt
1,555 

School Information

School District
Detroit 

Taxes

Summer Taxes
$44 
Winter Taxes
$5 

Rooms and Land

Number of Units

Features

Style
Duplex 
Exterior Features
Fenced 
Basement
Basement, Private, Walkout Access 
Cooling
Window Unit 
Heating
Forced Air, Electric, Gas 

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Listing Broker

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Listing Courtesy of Historic Realty Detroit
Office Address 1005 Parker #9