13181 Stoepel Street, Detroit, MI 48238 5102
13181 Stoepel Street, Detroit, MI 48238 5102
13181 Stoepel Street, Detroit, MI 48238 5102
13181 Stoepel Street, Detroit, MI 48238 5102
13181 Stoepel Street, Detroit, MI 48238 5102
13181 Stoepel Street, Detroit, MI 48238 5102
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 210,000
Est. payment | /mo

3 Baths

2,600 SqFt

Save
$ 210,000
Est. payment | /mo
Save

3 Baths

2,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $80

Subdivision Mi

MLS Listing ID 61026274

Style 2 Story

Full Baths 3

Year Built 1927

Annual Tax Amount $3,260

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 36X108

Property Sub-Type Multi-Family

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-$3,600 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 13167 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 Detroit (82001)

Rooms

Basement Block

Interior

Interior Features Cable/Internet Avail.

Heating Radiant, Steam

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water, Public Water at Street

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,FHA 203K

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Grosse Pointe
Nearby Locations
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN 55432, USA

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13181 Stoepel Street