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… Read More 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. Read Less
Courtesy of Realtyflo Inc.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family
Beds
3
Full Baths
1
Square Ft.
1,040
Lot Size
0.09 Acres
Year Built
1952
MLS Number
60990073
Additional Details
Property Access
Paved Street
Basement
Unfinished
Building
1,040 square feet, 4 total rooms, Built in 1952, Style: 2 Story, Bungalow
Exterior Features
Brick
Foundation
Basement
Garage
1 car space in garage, Detached Garage
Water Features
Public Water at Street
Heating
Natural Gas, Forced Air
Lot
0.09 acres, Size: 35X115
Sewer
Public At Street
Taxes
Amount: $1,025
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