For sale
  • Price cut: $1K (8/26)
    $233,999

    12374 Stoepel St, Detroit, MI 48204

    6beds
    2,610sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $231,500 Zestimate®
    $90/sqft
    $-- HOA

    What's special

    Brand-new carpetingFresh paintSpacious unitsHot water tanksNewly installed furnacesPremium underlayment
    SELLER WILL GIVE A 10000 CREDIT TO HELP WITH CLOSING COSTS. Welcome to 12374 Stoeppel, a crown jewel triplex located in the sought-after Oakman Blvd Historic District. Nestled on a 3,990 sq. ft. lot in a quiet, homeowner-dense neighborhood, this property offers an incredible investment opportunity. All three spacious units have previously passed Section 8 inspections and have been thoughtfully upgraded with newly installed furnaces and hot water tanks. The plumbing and electrical systems have also been updated for added peace of mind and long-term, low-maintenance cash flow. Each unit features fresh paint and brand-new carpeting with premium underlayment. While one unit may need some light cosmetic work, the property is priced accordingly and is projected to generate over $3,000/month once fully leased. ONE UNIT IS FRESHLY LEASED TO A SECTION 8 TENANT FOR 1376/MONTH. Don’t miss out—this historic beauty won’t last long. Let’s close!
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