$99,999
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12073 STOEPEL ST Detroit, MI 48204
3 Baths
2,600 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $38
Subdivision Robert Oakmans Cortland & Ford Highway (Plats)
MLS Listing ID 20230041553
Sold Date 09/25/23
Style Colonial
Full Baths 2
Half Baths 1
Year Built 1927
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type MultiFamily
Property Description
Welcome to this brick, two-story multi-unit property located in the vibrant city of Detroit. With its convenient location and attractive features, this property presents a fantastic investment opportunity for savvy buyers. This two-level property features three units, including one spacious three-bedroom unit and two comfortable one-bedroom units. Each unit offers a versatile living arrangement for tenants or occupants. The first floor living and dining rooms have been freshly painted, creating a modern and inviting ambiance.
The property showcases decorative archways, beveled glass windows and interior doors, and a large front porch, perfect for relaxing. The pride of ownership is evident throughout, as this property has had only one dedicated owner for the past 70 years.
In terms of investment potential, this property can generate substantial income, with the potential to earn up to $2,800 per month when fully rented. Detroit's rental market is thriving, making this property an excellent opportunity for those seeking a steady stream of rental income.
Conveniently situated in Detroit, this property offers easy access to a variety of amenities, including shops, restaurants, and entertainment options. Its central location provides a desirable lifestyle for both residents and tenants.
Don't miss out on this remarkable opportunity to own a multi-unit property in Detroit. Whether you're an investor searching for an income-generating asset or an individual looking to live in one unit while renting out the others, this property offers endless possibilities. Schedule a showing today and envision the potential that awaits within these walls.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Full, Unfinished
Interior
Heating HotWater, NaturalGas
Fireplace No
Exterior
Parking Features TwoCarGarage
Garage Spaces 2.0
Fence Fenced
Pool None
View Y/N No
Garage true
Building
Foundation Basement, Poured
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, VaLoan
Listing Terms Cash, Conventional, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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Bought with Downtown Realty





