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About This Home
This 5-bedroom, 3-bathroom residential multi family at 17566 Stoepel Street in Detroit, MI is listed for $255,000 ($86 per sqft). Built in 1930, the home offers 2,978 sqft of living space on a 0.11 acres lot.
Beautiful, Spacious Brick Tudor-style Multifamily located in Detroit's highly sought after Bagley neighborhood, near the Avenue of Fashion. In this 2 Family Home: The 1st flr unit features hardwood floors throughout, 3 bedrooms, 1 full bathroom, kitchen with nook, dining room, and living room with fireplace.
2nd Flr unit features hardwood floors throughout, 2 bedrooms, 1 full bathroom, kitchen with nook, dining room, living room with fireplace, and both front and rear balcony! This property features a HUGE basement with easy potential to make a 3rd unit or just additional living or storage space.
Both units are UPDATED and have CENTRAL AIR systems! They also both have IN UNIT LAUNDRY area with washer & dryer. ALL APPLIANCES STAY!!! This home has a nice balance of original character and modern updates. It offers great versatility for investors or owner-occupants.
Not only is this ABSOLUTELY TURNKEY READY to bring in lucrative cash flow as a Short Term/Mid Term Rental, Transitional Housing, Sober Living Home, Veteran Housing or College Student Housing etc which can all easily yield income of 5k-15k monthly...This property can also be a perfect fit for a house hacker wanting a nice place to live & also rent out.
Or it can be just 1 big family compound. What makes this property so turn key besides the renovated condition? The fact that it is FULLY FURNISHED and FULLY STOCKED. For only an additional $5,000 you can also keep all the furnishings, with all supplies, materials etc a business owner would need to run any of the above listed types of homes for you to immediately start making money!
All that you see is included in the sale, making this a very RARE OPPORTUNITY! Will be available for showings starting 3/6. Don't miss out. Get your highest & best offer in!
Key Features
- Built in 1930
- 0.11 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,364/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
17566 Stoepel Street
Detroit, MI 48221
Ardenwood Sub
Property Details
Construction
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 17566 Stoepel Street is listed at $255,000 ($86/sqft). The estimated monthly payment is $1,105 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.11 acre lot, 2 stories.
This property is listed by Mellisa Mallory and can be reached at (888) 501-7085 or mellisamallory@yahoo.com.
