Jennifer D. Jennings
REALTOR®
BEDS0
BATHS23 full
SQUARE FEET2,600
MLS#20261069356
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONR O B E R T O A K M A N S F O R D H W Y G L E N D A L E
SCHOOLDetroit
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-$3,400 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Common, Full, Unfinished
Basement: Yes
Heating: Natural Gas, Radiant, Steam
Home Style: Triplex
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $4,204
Year Built: 1927
Feature Descriptions
Days on Site: 6
Exterior: Brick
Lot Dimensions: 36X108
Parcel#: W16I019671S
Parking: On Street
Parking Notes: On Street
Patio/Porch: Porch
Pets Allowed: Yes
Sewer: Public Sewer, Sewer At Street
Summer Tax: 1912
Units: 3
Utilities: Above Ground Utilities, Cable Available
Water: Public, Waterat Street
Winter Tax: 2292
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: KW Grosse Pointe
Agency Phone: 3138867239
Shown By
Agent Name: Jennifer D. Jennings
Agent Phone: (989) 295-4680
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,674.54 per month $1,258.59 Principal & Interest $350.33 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
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Agent License Information: 6501402331 Brokerage/Company License Number: MI-65-05366134
13167 Stoepel Street | MLS# 20261069356
This multi-family property located at 13167 Stoepel Street, Detroit, Mi 48238 is currently listed for sale with an asking price of $225,000. Stoepel Street is located within the Detroit school district. Search Detroit real estate on www.jdjrealtor.com today.