39
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$240,000
Est. payment /mo
4 Baths
2,610 SqFt
New
12374 Stoepel Street Detroit, MI 48204 1243
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,610 sqft
Price per Sqft $91
Subdivision Mi
MLS Listing ID 60915198
Style 2 Story
Full Baths 3
Half Baths 1
Year Built 1927
Annual Tax Amount $4,794
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X108
Property Sub-Type Multi-Family
Property Description
Welcome to 12374 Stoeppel, a crown jewel triplex located in the sought-after Oakman Blvd Historic District. Nestled on a 3,990 sq. ft. lot in a quiet, homeowner-dense neighborhood, this property offers an incredible investment opportunity. All three spacious units have previously passed Section 8 inspections and have been thoughtfully upgraded with newly installed furnaces and hot water tanks. The plumbing and electrical systems have also been updated for added peace of mind and long-term, low-maintenance cash flow. Each unit features fresh paint and brand-new carpeting with premium underlayment. While one unit may need some light cosmetic work, the property is priced accordingly and is projected to generate over $3,000/month once fully leased. Don't miss out - this historic beauty won't last long. Let's close!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air, Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Downtown Realty