18988 Algonac ST, Detroit, MI 48234
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18988 Algonac ST, Detroit, MI 48234
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Mike Layne

Mike Layne

+1(248) 298-6825
$ 95,000
Est. payment /mo
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18988 Algonac ST Detroit, MI 48234

3 Beds

1 Bath

1,040 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $91

Subdivision Konczal Park

MLS Listing ID 20261031720

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1952

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type SingleFamilyResidence

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

Area Area05054Det8Togratiothoustonto7

Rooms

Basement Unfinished

Entry Level, 11 X 10 Bedroom

Entry Level, 10 X 10 Bedroom

Second Level, 12 X 13 Bedroom

Entry Level, 7 X 8 BathFull

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features OneCarGarage, Detached

Garage Spaces 1.0

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Poured

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Marta Kopania of Realtyflo Inc
Mike Layne

Mike Layne

Agent | License ID: 427271

+1(248) 298-6825

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18988 Algonac ST