18671 Shields St, Detroit, MI 48234

$103,750 Asking Price

3 beds
1 bath
1,001  sqft
Built in 1948

(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $1,250 per month, giving you a secure and steady income stream. A 13.03% ROI - making this one of the best investments anywhere. 3 Bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 10 OTHER SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Buyer to pay $495 Compliance Fee to Community Choice Reality. Property Management by RPI Management Inc Lease Term: 5/31/23 – 5/31/24. [[ Seller has multiple properties that can be bundled as package deal: 15776 Ardmore, 12935 Payton, 12110 Braile, 8666 Burt, 20006 Ohio, 19347 Conley, 18671 Shields, 19751 Fenelon, 8265 Ashton, 19260 Revere, 472 Wyoming, 12930 E Canfield, 9129 Forrer ]]


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Natural Gas, Forced Air

Exterior

General:
Aluminum,Vinyl Siding
Style:
Bungalow

Construction

General:
1 1/2 Story, Basement

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
Detroit City School District
County:
Wayne

Lot

Zoning:
W SHIELDS S 15 FT 192 N 25 FT 193 JOHN I TURNBULLS 7-MILE NEVADA SUB L45 P97 PLATS, W C R 13/291 40 X 107, W13I019358S

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Buyers Agent Compensation:
Yes Percent

This listing courtesy of:
Community Choice Realty Inc, John Haughton

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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