31
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$243,000
Est. payment /mo
3 Baths
2,600 SqFt
Active
12703 Stoepel Street Detroit, MI 48238
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $93
Subdivision Mi
MLS Listing ID 60972845
Style 2 Story
Full Baths 3
Year Built 1927
Annual Tax Amount $1,661
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X108
Property Sub-Type Multi-Family
Property Description
Income-producing brick 3-unit on Detroit's west side. The property includes one 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units. All units are occupied with tenants current on rent. The property has a current Certificate of Compliance from the City of Detroit. It is a compliant, operating asset with income in place. Ownership has maintained the property consistently, with repairs addressed as needed. Major updates include a new sewer line installed to the city tap (2026), a new sump pump (2026), and one new furnace. All three units have separate gas and electric meters. One shared water meter. The sale includes two adjoining vacant lots to the south of the property. Can be used for parking, tenant use, future development, or long-term hold. Solid brick construction. Located near Livernois and the Lodge Freeway with steady rental demand. Stabilized asset with income in place, recent infrastructure updates, and additional land. Property is being sold in its current condition, offering a clean transition for the next owner.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Block
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by VM Real Estate Group
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