17590 Stoepel St Detroit, MI
$ 180,000
Property Attributes
  • MLS#40193974
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48221
  • StyleColonial
  • Year Built1931
  • Taxes$ 4939
  • Price$ 180,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3084
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
KW Domain
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

Top/Bottom Two-Unit income-producing property adjacent to popular University and Bagley Districts. Fully rented and a half-mile to the University of Detroit Mercy. This property includes a 3 bed 1 bath main level unit and a 2 bed 1 bath second level unit. Through the main door vestibule, you will find a separate secured entrance for each unit and a stairwell to an unfinished, potential third income-producing unit at 1512 feet. This basement unit also has a separate entrance via the side door from the driveway. The basement is currently used for shared laundry. $21,000 Projected Annual Gross Income, $17,500 NOI, 9.8% Cap rate. The main floor tenant has vacated.The upstairs lease is month to month at $850. No viewings until an accepted offer. BATVAI

Price History
7/4/2021 Listed $180,000

General Features

Appliances Humidifier
Bathrooms 2
Community Amenities Laundry Facility, Pets-Allowed
Cooling Ceiling Fan(s)
Directions Waze
Exterior Features Deck, Porch
Financial Terms Cash, Conventional
Full Baths 2
Heating Baseboard, Electric Heat, Forced Air
Interior Features Cable/Internet Avail.
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
School District Detroit City School District
Source Mls MI Real Source
Status Pending
Status Pending
Structure Style 2 Story
Style Colonial
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Year Built 1931
Zoning Residential

Interior Features

Fireplace? No
Fuel Type Electric, Natural Gas
Total Number of Units 2

Exterior Features

Exterior Brick, Stone
Foundation Type Basement
Frontage 40
Lot Dimensions 40.00X120.00
Lot Size Area 0.11
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 48221

AVG $140K
AVG $1,888
AVG 10
Year Built
AVG 1938
AVG 49
Data Provided by Walkscore ® not using MLS data

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