17575 STOEPEL Street, Detroit, MI 48221

$90,000 Asking Price

5 beds
3 baths
2,640  sqft
Built in 1930

Bring your creative ideas to remodel this brick home located in Detroit's historic U of D, Marygrove District. Zoned R2. House sits in walking distance of the " Avenue of Fashion." This colonial features 5 bedrooms and 3 baths. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

Features & Amenities

Interior

Basement:
Unfinished
Heating:
Hot water, Natural gas

Exterior

Style:
Duplex
Pool:
None
Parking:
No garage

Construction

General:
Brick, Two, Basement, Poured

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
W STOEPEL 100 ARDENWOOD SUB L43 P2 PLATS, W C R 16/278 39 X 111 NEZH #2006-1370, PARCEL #27061370., W16I019433S

Utilities

Water:
Public
Sewer:
Public sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
RCH Brokerage Legacy Inc, Leonard A Pickett III

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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