47
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$20,000
Est. payment /mo
3 Baths
2,600 SqFt
Active
12115 STOEPEL Street Detroit, MI 48204 9317
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $7
Subdivision Mi
MLS Listing ID 60386862
Style 2 Story
Full Baths 3
Year Built 1927
Annual Tax Amount $34
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 34.00 x 108.00
Property Sub-Type Multi-Family
Property Description
Attention Investors check out this latest offering from the Detroit Land Bank Authority! Welcome to an incredible investment opportunity in the Robert Oakmans Cortland & Ford Hwy neighborhood! This two-story full brick colonial property boasts over 2600 square feet of potential, offering versatile living spaces across three units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement 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
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash
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Listed by Keller Williams Realty-Great Lakes