$71,500
$85,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,150 SqFt
SOLD DATE : 08/15/2025
Key Details
Sold Price $71,500
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,150 sqft
Price per Sqft $62
Subdivision Reimway Manor Sub
MLS Listing ID 60916649
Sold Date 08/15/25
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,150
Year Built 1949
Annual Tax Amount $998
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X110
Property Sub-Type Single Family
Property Description
WELCOME TO 18936 GILCHRIST ST NESTLED ON A QUIET BLOCK OF HOMEOWNERS IN DETROIT'S WEST SIDE. THIS BEAUTY CONSISTS OF 3 BEDROOMS AND 1 BATHROOM, AND IS CURRENTLY LEASED TO A LONG-TERM SECTION 8 TENANT AT $1,250 PER MONTH. THE TENANT PAYS ALL UTILITIES. THIS TURNKEY RENTAL IS THE PERFECT ADDITION TO ANY CASH-FLOW-FOCUSED PORTFOLIO. THIS PROPERTY CAN BE PURCHASED INDIVIDUALLY OR AS PART OF A HIGH-PERFORMING SECTION 8 PORTFOLIO, INCLUDING: 7437 E ROBINWOOD, 17221 ALBION, 17326 ALBION, 8101 MOLENA, 11601 NOTTINGHAM BRINGING IN 6,693/MONTH. NO SHOWINGS WITHOUT A FULL PRICE ACCEPTED OFFER. CLOSING DAY IS PAYDAY - LET'S MAKE IT HAPPEN.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Hot Water
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Architectural Style Bungalow
Structure Type Vinyl Siding
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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