12031 Stoepel StDetroit, MI 48204

Property Details for 12031 Stoepel St

Year built

1926

Lot size

0.09 AC

Property size (Sq ft)

2,304 SF

Property type

Apartment buildings

Description

This well-maintained two-unit brick colonial, located at 12031 Stoepel Street in Detroit, Michigan, presents a fantastic investment opportunity. Built in 1926 and extensively renovated in 2024, this property offers a total of 2,304 square feet on a 0.09-acre lot. The property is zoned for multi-family residential use (APN: W16I019752S). Each of the two units features three bedrooms and one bathroom, along with a kitchen and living room. Both units boast their own separate entrances, offering convenience and privacy for residents. A shared, unfinished basement provides laundry facilities for both units. The asking price is $109,900, translating to $48 per square foot. This property is ideal for an owner-occupant seeking rental income or an investor looking for a solid addition to their portfolio. The property's location in Detroit, within Wayne County, and its recent renovation make it a highly attractive investment. The two-story building offers a blend of classic charm and modern updates, promising strong rental potential and a potentially high return on investment. The property's address is 12031 Stoepel St, Detroit, MI 48204.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3767

Longitude

-83.1405

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