19700 GILCHRIST Street, Detroit, MI 48235

$40,000 Asking Price

2 beds
1 bath
696  sqft
Built in 1949

Investor Opportunity in Detroit! This income-producing property comes with a tenant already in place, providing immediate cash flow for investors. Recent updates include a brand-new furnace, updated electrical panel, meter box, and fresh interior paint, ensuring lower maintenance costs and added value. This home is a great addition to your investment portfolio. Don’t miss out—schedule your showing today and start generating returns on day one!

Features & Amenities

Interior

Basement:
Full, Unfinished
Heating:
Forced air, Natural gas

Exterior

Style:
Ranch
Pool:
None
Parking:
One car garage, Detached

Construction

General:
Vinyl siding, One, Basement, Poured

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
E GILCHRIST 653 S 10 FT OF 652 AND W 8 FT OF VAC ALLEY ADJ HOMELANDS SUB L35 P12 PLATS, W C R 22/343 40 X 113, W22I065557C8

Utilities

Water:
Public
Sewer:
Public sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
National Realty Centers, Inc, Brandon Stevenson

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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