16566 Stoepel ST, Detroit, MI 48221
$10,000
Est. payment /mo
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3 Beds
2 Baths
1,596 SqFt
Pending

16566 Stoepel ST Detroit, MI 48221

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Dale Grewal

Dale Grewal

+1(586) 344-5852

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $6

Subdivision Addison Heights

MLS Listing ID 20251060706

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1927

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type SingleFamilyResidence

Property Description

Great investment. DLBA-owned 3-bedroom, 1.5-bath residential property located in the Fitzgerald/Marygrove neighborhood. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).
The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.

DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features NoGarage

Pool None

View Y/N No

Garage false

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, QuitClaimsDeed

Listing Terms Cash, QuitClaimsDeed

Special Listing Condition GovernmentOwned, ShortSaleNo

Realcomp MLS
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Listed by Adam Hage of Atlas Properties Inc

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Dale Grewal

Dale Grewal

Agent | License ID: 6501438321

+1(586) 344-5852

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16566 Stoepel ST