17590 Stoepel Street, Detroit, MI 48221 | MLS 218037499 | Listing Information | Sine & Monaghan, REALTORS Real Living | Real Living Real Estate
Sine & Monaghan, REALTORS® Real Living
(888) 407-1409

17590 Stoepel Street,  Detroit MI, 48221

2 Full/2 Half baths
Status: Pending
MLS#: 218037499
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Sine & Monaghan, REALTORS® Real Living
(888) 407-1409

Listing Provided Courtesy Of: KW Metro
Last Updated: 7/16/2018 7:27 PM
Description for 17590 Stoepel Street Detroit, MI 48221
Top/Bottom Two-Unit income producing property adjacent to popular University and Bagley Districts. Fully rented and a half mile to 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 side door from driveway. The basement is currently used for shared laundry. $19,800 Actual Annual Gross Income, $16,205 NOI, 14.1% Cap rate. Main floor unit rented until September at $850, Upstairs lease is month to month at $800.
Price
$114,900
Wayne
2 Full/2 Half
218037499
Pending
Description
Top/Bottom Two-Unit income producing property adjacent to popular University and Bagley Districts. Fully rented and a half mile to 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 side door from driveway. The basement is currently used for shared laundry. $19,800 Actual Annual Gross Income, $16,205 NOI, 14.1% Cap rate. Main floor unit rented until September at $850, Upstairs lease is month to month at $800.
Listing Information
Property Type: Multi-Family, Duplex, 2 Story
2 Full/2 Half 0.11 Acres
1931 2 Brick
Brick
Sewer at Street
Neighborhood
School Information
District: Detroit
Room Information
Bathrooms
2 2
Interior Features
Ceiling Fan(s)
Gas Heat, Forced Air, Baseboard
Unfinished Basement, Basement
3
Exterior / Lot Features
Brick
40.00X120.00
Paved Road
Driving Directions
Google Maps
Financial Considerations
W16I019081S
Listing Price History

Detroit Real Estate

Detroit is located in Michigan. Detroit, Michigan 48221 has a population of 677,116.

The median household income in Detroit, Michigan 48221 is $26,095. The median household income for the surrounding county is $41,421 compared to the national median of $53,482. The median age of people living in Detroit 48221 is 35.1 years.

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Courtesy: KW Metro
The data relating to real estate for sale on this web site comes in part from the IDX Program of the RealComp MLS. IDX information is provided exclusively 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. Provided through IDX through Realcomp II Ltd. Copyright 2018 Realcomp II Ltd. Shareholders
This content last refreshed on 7/16/2018 7:27 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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