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About This Home

This 6-bedroom, 4-bathroom residential multi family at 12604 Stoepel Street in Detroit, MI is listed for $75,000 ($24 per sqft). Built in 1932, the home offers 3,190 sqft of living space on a 0.09 acres lot.

Agent Description

Excellent investment opportunity in a central Detroit location. This two-unit property is just minutes from downtown and conveniently located near three major freeways, public transportation, the library, grocery stores, stadiums, and many other local attractions.

Each unit features three bedrooms, one full bathroom, a living room, dining room, and kitchen, offering spacious layouts with great potential. The property also includes a full common basement and a large third floor that offers the opportunity for additional living space or future expansion.

Many improvements have already been started, including a newer roof, new Pella windows, updated electrical with separate meters and boxes, newer ductwork, and PEX plumbing. Some recessed lighting has also been installed, and the property features a beautiful oversized staircase in the main entry.

Much of the demo work has already been completed, making this a great opportunity for an investor or owner-occupant to finish the project and add their own vision. Buyer/Buyer's agent to verify all information. Contact your agent today for showing details.

Key Features

  • Built in 1932
  • 0.09 acre lot
  • 3 stories

Property Details

3 stories
3 full, 1 half
1932

Monthly Cost Estimate

$401/mo

20% down · 6.5% · 30 years

Principal$54
Interest$325
Insurance$22

Estimates only. Actual payments may vary.

Location

12604 Stoepel Street

Detroit, MI 48238

Robert Oakmans Ford Hwy & Glendale

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 12604 Stoepel Street is listed at $75,000 ($24/sqft). The estimated monthly payment is $325 based on 20% down at 6.5% interest.

Key features include: Built in 1932, 0.09 acre lot, 3 stories.

This property is listed by Shane Parker and can be reached at (313) 454-8608 or broker@sprealtymi.com.

SP

Shane Parker

Agent at S&P Realty

(313) 454-8608

Listed by S&P Realty · View on Broker Site

MLS# 20261015474· Source: listhub· Updated 104 days ago

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12604 Stoepel Street, Detroit, MI 48238

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