13167 Stoepel ST, Detroit, MI 48238
13167 Stoepel ST, Detroit, MI 48238
13167 Stoepel ST, Detroit, MI 48238
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$225,000
Est. payment /mo
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23 Baths
2,600 SqFt
Coming Soon

13167 Stoepel ST Detroit, MI 48238

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $86

Subdivision Robert Oakmans Ford Hwy & Glendale

MLS Listing ID 20261069356

Style Triplex

Full Baths 23

Year Built 1927

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type MultiFamily

Property Description

Lucrative, wealthy, real estate investment portfolio's usually shift to the next level with a property like this one! Positioned in an area experiencing continued reinvestment and redevelopment, this triplex presents an attractive opportunity for an investor seeking both immediate rental income and long-term appreciation potential.

The property features three separate residential units, the property is projected to generate approximately $2800–$3,200 in monthly rental income, depending on final lease-up, upgrades, and market rents, creating the potential for approximately $40,000+ in annual gross rental revenue.

What makes this opportunity particularly compelling is the combination of cash flow and location. The property is near freeways, just a few miles south of the fashion district, which is abundant in restaurants, entertainment and shopping. Property is situated near major employment, medical, educational, transportation, and downtown destinations, creating a broad tenant pool and supporting consistent rental demand. Also for sale is 13181 Stoepel another triplex. Acquire both triplex's maximize your wealth potential and continue to scale up your real estate portfolio.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Common, Full, Unfinished

Interior

Heating Natural Gas, Radiant, Steam

Fireplace No

Exterior

Parking Features OnStreet

Pool None

Utilities Available AboveGroundUtilities, CableAvailable

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, FHA203K, VaLoan

Listing Terms Cash, Conventional, FHA, FHA203K, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes


Realcomp MLS
Listed by Roland C Walker III of KW Grosse Pointe

NEARBY SCHOOL & BUSINESS

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Jordan Linhard

Jordan Linhard

Agent License ID: 6501432362

+1(248) 630-5355

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13167 Stoepel ST