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$ 235,000
Est. payment /mo
Price Dropped by $5K
12374 Stoepel Street Detroit, MI 48204
4 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251013786
Year Built 1927
Annual Tax Amount $4,794
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X108
Source Realcomp
Property Description
SELLER WILL GIVE A 5000 CREDIT TO HELP WITH CLOSING COSTS. 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 Wayne County - 100
Zoning Multi-Family
Direction Fullerton & Livernois
Interior
Heating Forced Air, Hot Water
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 16018797
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Downtown Realty