13167 Stoepel Street, Detroit, MI 48238

Turnkey Triplex for Investors Seeking Cash Flow, Stability & Immediate Income. Perfect for cash investors, new landlords, or buyers looking to house-hack while tenants cover the mortgage. This updated triplex near Detroit's historic Russell Woods/Nardin Park neighborhood would generate $2,930/month in projected gross rent across three spacious units; delivering dependable income with minimal overhead.

The property includes a 3-bed/1-bath unit (1,300 sq ft, $1,300/mo) and two 1-bed/1-bath units (700 sq ft at $900/mo, 600 sq ft at $730/mo), each Recent upgrades include new electrical panels, updated plumbing supply and drain lines, new laminate flooring, fresh paint and updated vanities; delivering a clean, low-maintenance product for any investor.

Investor highlights: - NOI: $24,373.20 - Cap Rate: 10.83% (at $225,000 purchase price) - Cash Flow (with 20% down): ~$10,748.93/year - Cash-on-Cash Return: 23.89% - Expenses include standard reserves for maintenance, property management, and vacancy.