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12346 Stoepel St - 12346 Stoepel Triplex

3 Unit Apartment Building Offered at £120,145 in Detroit, MI 48204

Investment Highlights

  • Triplex
  • Investment or House-Hack
  • Value-Add

Executive Summary

Great investment opportunity or house-hacking opportunity! This charming triplex is perfect for investors or homebuyers looking to fully lease out all three units or house-hack and occupy one unit while leasing out the other two. There is one 3-bedroom unit on the lower level, and two 1-bedroom units on the upper level. Majority of the work is completed - come in and add your finishing touches and reap the benefits! Don't miss this rare opportunity - schedule your private showing today! BATVAI.

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income £25,007 £9.62
Other Income - -
Vacancy Loss - -
Effective Gross Income £25,007 £9.62
Taxes £2,004 £0.77
Operating Expenses £1,603 £0.62
Total Expenses £3,607 £1.39
Net Operating Income £21,400 £8.23

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual £25,007
Annual Per SF £9.62
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £25,007
Annual Per SF £9.62
Taxes
Annual £2,004
Annual Per SF £0.77
Operating Expenses
Annual £1,603
Annual Per SF £0.62
Total Expenses
Annual £3,607
Annual Per SF £1.39
Net Operating Income
Annual £21,400
Annual Per SF £8.23

Property Facts

Price £120,145
Price Per Unit £40,048
Sale Type Investment
No. Units 3
Property Type
Residential
  • Apartment Buildings
Lot Size 0.09 AC
Building Size 2,600 SF
Number of Floors 2
Year Built/Renovated 1927/2020

Unit Amenities

  • Balcony
  • Fireplace
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Wooden Floors
  • Basement
  • Dining Room
  • Family Room
  • Handrails
  • Patio
  • Porch
  • Large Bedrooms

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+1 1 - -
1+1 2 - -

zoning

Zoning Code Residential (401-Residential)
Residential (401-Residential)
  • Listing ID: 34393755

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 12346 Stoepel St, Detroit, MI 48204

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