18988 Algonac Street, Detroit, MI 48234
18988 Algonac Street, Detroit, MI 48234
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$ 95,000
Est. payment | /mo

3 Beds

1 Bath

1,040 SqFt


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$ 95,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,040 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $91

MLS Listing ID 20261031720

Bedrooms 3

Full Baths 1

Year Built 1952

Annual Tax Amount $1,025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X115

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

WELCOME TO 18988 ALGONAC — A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Location

State MI

County Wayne

Direction Algonac & 7 Mile

Interior

Heating Forced Air

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W17I015650S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Realtyflo Inc

GET MORE INFORMATION

Shyanne Queen
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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18988 Algonac Street