$243,000
Square Ft.
2,600
12703 Stoepel Street, Detroit, MI 48238
Solid, income-producing brick 3-unit located in a strong rental area on Detroit's west side. This property features one large 3-bedroom, 1-bath unit and two 1-bedroom, 1-bath units *** all currently occupied with tenants up to date on rental payments***. Most importantly for investors: the property holds a current Certificate of Compliance from the City of Detroit. This is a fully operating, compliant asset with income in place. Ownership has been proactive and detail-oriented, with ongoing maintenance handled in a timely manner. Minor tenant repairs have never been deferred, protecting both the physical asset and its long-term performance. The result is a property that reflects care, pride, and responsible management. MajorRead MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of VM Real Estate Group, 586-797-0999, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
8
Last Updated
Property Type
Multi-Family
Square Ft.
2,600
Lot Size
0.09 Acres
MLS Number
60972845
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Block
Building
2,600 square feet, 3 total units, Built in 1927, Separate heat?: Yes, Style: 2 Story, Colonial
Community
Laundry Facility
Cooling
Ceiling Fan(s)
Exterior Features
Brick, Fenced Yard, Porch
Foundation
Basement
Water Features
Gas, Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $0
Lot
Lot size: 35X108, 0.09 acres
Parking
On Street
Taxes
Total amount: $1,661
Unit One
Rent: $1,200
Unit Two
Rent: $1,090
Unit Three
Rent: $950

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Monthly Payment
$0

(Source: Home Junction)

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Matthew Ordiway
Matthew Ordiway
REALTOR® — goes by Bailey
906-241-9786
Matthew Ordiway
REALTOR® — goes by Bailey
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Matthew Ordiway
REALTOR® — goes by Bailey
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