12703 Stoepel Street Detroit, MI ^$ 189,000

12703 Stoepel Street

^$ 189,000

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12703 Stoepel Street

Detroit, MI, 48238

^$ 189,000

Studio Baths0.0

Monthly Estimate*

^$ 1,320

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12703 Stoepel Street, Detroit, MI 48238 - Image 9

12703 Stoepel Street, Detroit, MI 48238 - Image 10

12703 Stoepel Street, Detroit, MI 48238 - Image 11

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Studio

Multi-Family Home for sale in Detroit, MI

for $189,000. This home was built in 1927 on a lot size of 0.09.

3 Unit multi-family for sale. Includes 2 vacant lots next to it. 1 unit currently occupied, 2 units vacant, but in process of being marketed and filled. Multiple city inspections and lead risk conducted, but didn't complete the repairs in allotted time for certification. Lots of updates throughout! New water heaters, new roof, new furnaces, new plumbing and wiring. Common Basement with laundry. Separate Gas and electric meters.

Multi-Family Pending

Price

^$ 189,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,441

Style

2 to 4 Units

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24002968

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Public Water Available Public Sewer Available Cable Available Natural Gas Connected Electric Connected

Possession Close Of Escrow

Roof Other

Construction Materials Brick

Year Built 1927

Tenant Pays Electric Gas

Property SubType 2 to 4 Units

Tax Year 2023

County Wayne

New Construction N

Property Type Multi-Family

Status Pending

Directions Livernois and Buena Vista

City Detroit

High School District Detroit

Total Units 3

MLS Area Wayne County - 100

Lot Size Square Feet 3920.0

Waterfront Y/N N

Street Name Stoepel

Land Lease Y/N N

Tax Annual Amount 1441.0

Lease Renewal Y/N N

MLS Area Minor Wayne County - 100

Additional Parcels Y/N N

Rent Control Y/N N

Days on Market 91

Standard Status Pending

Tax Assessed Value 15600

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/31/2025. W STOEPEL 226 ROBERT OAKMANS FORD HWY & GLENDALE SUB L35 P82 PLATS WCR 16/25

Senior Community None

Interior

Basement Full

Total Fireplaces 1

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Street Suffix Street

Laundry Features Common Area Gas Dryer Hookup In Basement

Electric On Property Y/N N

Total Baths 0

Exterior

Total Parking 5.0

Lot Size Area 0.09

Number of Buildings 1

Spa N

Lot Dimensions 35 x 108

Lot Size Acres 0.09

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 12703

* Excluded Features

List By

Palladium Realty

Broker

kellyann2545@gmail.com

Affordability Calculator

$1,440

Per Month

Monthly Principal & Interest: $1,320
Monthly Property Taxes: $120
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$211,874

Percent of Sale Price 12%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3706345 Elementary School

3706341 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/11/2024	$189,000		Listed Price

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12703 Stoepel Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $189,000 with a lot size of 0.09. 12703 Stoepel Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 5/1/2024.

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12703 Stoepel Street

Multi-Family Home for sale in Detroit, MI

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