Description
The term handy-man special does not begin to describe the potential of this property. Even most multi-million dollar estates cannot match it in size, scenery, location, or possibilities. Occupying the entire south side stretch of W. Defay Rd, the completely private Brown-Defay estate in Stevensville is a historic 12-acre multi family compound just a mile from the beaches and walking trails of Grand Mere State Park, with hospital facilities, restaurants, and major grocery stores all less than 10 minutes away. This peaceful and secluded enclave contains 5 buildings dating from the 1860s, including 3 residences that were later divided into 6...read more rental units. Those spaces remain separately metered, but only one of the apartments is lived in today, with most other areas gutted, and used primarily as storage or garage space. Because of these conditions, property will not qualify for a conventional home mortgage. Homes are on well and septic, with city water and gas available at street. Please contact agent for specific details about buildings, or redevelopment of the property.