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18988 Algonac Street

Detroit MI 48234

3
1
1
1808 sq. ft.
0.09 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1808 sq. ft. floor area
0.09 ac. lot size
Single-Family

Happy sellers in Detroit

100%
100% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 189 three-bedroom single-family properties similar to 18988 Algonac Street, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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