28
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$228,000
Est. payment /mo
3 Baths
3,920 Sqft Lot
New
12703 Stoepel Street Detroit, MI 48238
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261044150
HOA Y/N true
Year Built 1927
Annual Tax Amount $2,414
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X108
Source Realcomp
Property Description
Income-producing brick triplex on Detroit's west side with two additional vacant lots included in the sale. The building consists of one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants currently paying rent, providing immediate income from day one.The property has a current City of Detroit Certificate of Compliance and separate gas and electric meters for each unit. One shared water meter services the building.Recent improvements include a new sewer line to the city tap (2026), new sump pump (2026), and one newer furnace. The property has been maintained over the years, with repairs completed as needed.The two adjoining lots to the south create additional value and flexibility. Use them for tenant parking, outdoor space, future development opportunities, or simply hold them as part of your investment portfolio.Conveniently located near Livernois Avenue and the Lodge Freeway with easy access to major employment centers, transportation routes, and neighborhood amenities. A solid brick multi-family property with existing income, recent capital improvements, and extra land included in the sale. A great opportunity for investors looking to add a performing asset to their portfolio.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction From Livernois Avenue, head west on Glendale Avenue to Stoepel Street. Turn right (north) on Stoepel Street. Property is located on the west side of the street between Glendale Avenue and Elmhurst Street
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I019694S
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by VM Real Estate Group
NEARBY SCHOOL & BUSINESS
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