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$95,000
3 Beds
1 Bath1 full bath
1,040sqft
18988 Algonac St, Detroit City Wayne, MI 48234
$95,000
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Single Family Residence
Built in 1952
$-- HOA
0.09 acre 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 CURRENT...
Continue Reading- Houzeo last checked: 0 Minute ago
- Listing updated: May 6, 2026 at 10:00 am
- Listing Provided by: Marta Kopania (734) 301-6553 | Realtyflo Inc (313) 466-7253
- Source: Realcomp MLS-MI | MLS#: 20261031720
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1952
HOA Fees
-
Finished Area
1,040 sqft
Lot Size
0.09 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261031720
MLS Status
Active
Days on Market
32
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