12073 Stoepel St, Detroit, MI 48204

$100,000
3
BA
2,600
SqFt

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Sold Price
$100,000
List Price
$99,999
Closing Date
Sep 25, 2023
MLS#
20230041553
Status
CLOSED
Bathrooms
3
Half-baths
1
Subdivision
ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)

Property Description

Welcome to this brick, two-story multi-unit property located in the vibrant city of Detroit. With its convenient location and attractive features, this property presents a fantastic investment opportunity for savvy buyers. This two-level property features three units, including one spacious three-bedroom unit and two comfortable one-bedroom units. Each unit offers a versatile living arrangement for tenants or occupants. The first floor living and dining rooms have been freshly painted, creating a modern and inviting ambiance. The property showcases decorative archways, beveled glass windows and interior doors, and a large front porch, perfect for relaxing. The pride of ownership is evident throughout, as this property has had only one dedicated owner for the past 70 years. In terms of investment potential, this property can generate substantial income, with the potential to earn up to $2,800 per month when fully rented. Detroit's rental market is thriving, making this property an excellent opportunity for those seeking a steady stream of rental income. Conveniently situated in Detroit, this property offers easy access to a variety of amenities, including shops, restaurants, and entertainment options. Its central location provides a desirable lifestyle for both residents and tenants. Don't miss out on this remarkable opportunity to own a multi-unit property in Detroit. Whether you're an investor searching for an income-generating asset or an individual looking to live in one unit while renting out the others, this property offers endless possibilities. Schedule a showing today and envision the potential that awaits within these walls.

Additional Information

Year Built
1927
Basement Type
Full, Unfinished
Acres
0.08
Style
Colonial
Acres
0.08
School District
Detroit
Heating
Hot Water, Natural Gas
Garage Spaces
2
Garage Description
2 Car

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Calculator source: Real Geeks

Courtesy of Good Company 2487335811

Selling Office: Downtown Realty.

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