$64,900
Square Ft.
2,400
12796 Stoepel, Detroit, MI 48238
**Attention Investors & Developers!** Exceptional value-add opportunity with this large brick two-family property, ideal for a full renovation and long-term wealth-building strategy. The building has been taken down to the studs, providing a blank canvas to design and finish to your specifications. Two major capital improvements have already been completed, including a newer roof and vinyl replacement windows, helping reduce upfront renovation costs. Both units feature private front entrances and offer similar floor plans, with one upper and one lower unit. The common basement provides ample storage and could potentially be reconfigured to create separate tenant spaces. Utilities include one water meter, while gas and electric services are separately meteredRead 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 EXP Realty Main, 888-501-7085, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multi-Family
Square Ft.
2,400
MLS Number
60999782
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Common
Building
2,400 square feet, 2 total units, Built in 1926, Separate heat?: Yes, Style: 2 Story, Colonial
Community
Private Entry
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water at Street
Heating
Natural Gas, Forced Air
Income
Net operating income: $15,000
Lot
Lot size: 36x108
Property
Multi-Family
Sewer
Public At Street
Taxes
Total amount: $1,919

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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(Source: Home Junction)

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