12703 Stoepel Street

Detroit, MI 48238
Square Ft.
2,600
$228,000
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 ofRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of VM Real Estate Group.
Listing Snapshot
Days Online
2
Last Updated
Property Type
Multifamily
Square Ft.
2,600
Lot Size
0.09 Acres
Year Built
1927
MLS Number
20261044150
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48238
$53k
-25%
(avg) sold price
14
0%
homes sold
71
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Unfinished, Common, Basement?: 1
Building
3 total units, 3 leased units, 2 one-bedroom units, 1 three-bedroom unit, Built in 1927, Architectural style: Colonial, Triplex, Brick, 2,600 total square feet, 2,600 combined square feet, 1,300 total basement square feet, Unit count: 3
Exterior Features
Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Separate Meters, Natural Gas
Interior Features
Smoke Alarm, Carbon Monoxide Alarm(s), Closed Circuit Camera(s), Exterior Video Surveillance
Lot
Lot size area: 0.09, Lot size dimensions: 35X108
Miscellaneous
Gross scheduled income: $38,880, Income projection: Actual, Monthly rental income: $3,240, Net operating income: $24,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,504, Tax amount (winter): $910
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Quinton Lemond
Broker/Owner
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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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