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$95,000
3 Beds
1 Bath1 full bath
1,040sqft
18988 Algonac St, Detroit, MI 48234 3723
$95,000
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Single Family Residence
Built in 1952
$-- HOA
3,920.4 sqft lot
$91/sq.ft
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 CURRE...
Continue Reading- Houzeo last checked: 59 Minutes ago
- Listing updated: May 6, 2026 at 10:27 am
- Listing Provided by: Marta Kopania (734) 301-6553 DRE #6501424283 | Realtyflo Inc (313) 466-7253
- Source: MiRealSource MLS-MI | MLS#: 60990073
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
Year Built
1952
HOA Fees
-
Finished Area
1,040 sqft
Lot Size
3,920.4 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60990073
MLS Status
Active
Days on Market
32
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
