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$ 225,000
Est. payment | /mo
23 Baths
3,920 Sqft Lot
$ 225,000
Est. payment | /mo
23 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 20261069356
HOA Y/N true
Year Built 1927
Annual Tax Amount $4,204
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X108
Source Realcomp
Property Description
Lucrative, wealthy, real estate investment portfolio's usually shift to the next level with a property like this one! Positioned in an area experiencing continued reinvestment and redevelopment, this triplex presents an attractive opportunity for an investor seeking both immediate rental income and long-term appreciation potential.The property features three separate residential units, the property is projected to generate approximately $2800–$3,200 in monthly rental income, depending on final lease-up, upgrades, and market rents, creating the potential for approximately $40,000+ in annual gross rental revenue.What makes this opportunity particularly compelling is the combination of cash flow and location. The property is near freeways, just a few miles south of the fashion district, which is abundant in restaurants, entertainment and shopping. Property is situated near major employment, medical, educational, transportation, and downtown destinations, creating a broad tenant pool and supporting consistent rental demand. Also for sale is 13181 Stoepel another triplex. Acquire both triplex's maximize your wealth potential and continue to scale up your real estate portfolio.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction Take Livernois south past Davison. Go west on Buena Vista and north on Stoepel.
Interior
Heating Radiant, Steam
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I019671S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by KW Grosse Pointe
Schools and Properties Nearby