19627 Algonac St, Detroit, MI 48234

$99,000 Asking Price

3 beds

1 bath

936 sqft

Built in 1968

Prime investment opportunity! Tenanted brick ranch boasting $925 in monthly income. With solid cash flow and reliable tenants, this is a must-have for investors seeking strong returns. Act fast before it's gone! **BATVAI** Please do not approach tenants.

Listing Status:: Active
Date Added:: June 10, 2024 — 22 days ago
Listing Office:: U.S. Investor Group, Wael Nehme (313-354-5334)
Office Phone:: 313-644-0034
MLS ID:: 60314503

Features & Amenities

Interior

Basement:: Unfinished
Heating:: Natural Gas, Forced Air

Exterior

General:: Brick
Style:: Ranch

Construction

General:: 1 Story, Basement

Location

Road/Access:: Paved Street
Originating MLS:: RealComp
School District:: Detroit City School District
County:: Wayne

Lot

Zoning:: W ALGONAC E 128.12 FT ON N LINE BG E 127.87 FT ON S LINE OF N 45.42 FT OF THAT PT OF N 1/2 OF S E 1/4 SEC 3 T 1 S R 12 E LYG S & ADJ SIDZINA & JAKUB SUB W & ADJ ALGONAC AVE AS OP 17/--- 45.42 IRREG, W17I015717S001

Utilities

Water:: Public Water
Sewer:: Public Sanitary

Financial

Source:: RealComp
Buyers Agent Compensation:: Yes Percent

This listing courtesy of:
U.S. Investor Group, Wael Nehme

About Detroit, MI

Housing

Number of Units: 292,561
Median Home Value: $70,234
Median Rent: $679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car: 71.17%
Public Transportation: 5.99%
Walk to Work: 3.15%
Work from Home: 17.73%
Other: 1.42%

The median travel time to work is 23 minutes.

People

Population: 593,210
Median Age: 36.40
Median Household Size: 2.38

Education

High School: 33.32%
Associate’s Degree: 7.33%
Bachelor’s Degree: 9.43%
Graduate Degree: 6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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19627 Algonac St, Detroit, MI 48234

$99,000 Asking Price