tomo logo

$89,900

Beds
3
Baths
1.0
sq ft
982

18810 Carrie St, Detroit, MI 48234

18810 Carrie St

DetroitCity_Wayne, MI 48234

    ATTENTION INVESTORS: If you are looking to invest in Detroit welcome to 18810 Carrie St., a charming property with a reliable Section 8 tenant already in place. This is a cash flowing section 8 property that is cash flowing $1500 per month. That is $18,000 per year cash flow. The tenant's portion is $355 per month and pays every month. This home is spacious and in a desirable location. Whether you're an investor looking to expand your portfolio or a first-time buyer interested in passive income, this property is a smart choice! Don't miss out on this turnkey investment—schedule your showing today! SHOWINGS ARE NOT ALLOWED UNTIL ACCEPTED OFFER

    Details

    Property type

    Single Family Residence

    Est. home value

    $81,202

    Lot size

    4,356 sq ft

    Price per sq ft

    $92

    Year built

    1941

    Annual property taxes

    $1,075

    HOA

    No

    Price History

    03/11/2025
    Realcomp

    Realcomp #20240064593

    Listed
    $89,900
    +124.75%
    08/20/2021
    Realcomp

    Realcomp #2210056318

    Sold
    $40,000
    +700.16%
    03/07/2018
    Realcomp

    Realcomp #217062518

    Sold
    $4,999

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    High school district: 

    Detroit

    Seller’s Loan History

    Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

    Lender

    James B Nutter & Co

    Loan start date

    September 2007

    Original loan amount

    $105,000

    Est. remaining balance

    Not provided

    Interest rate

    5.65%

    Loan type

    Reverse Mortgage (Home Equity Conversion Mortgage), 79 year

    Seller

    Lucille Williams

    Lender

    James B Nutter & Co

    Loan start date

    September 2007

    Original loan amount

    $105,000

    Est. remaining balance

    Not provided

    Interest rate

    5.65%

    Loan type

    Reverse Mortgage (Home Equity Conversion Mortgage), 79 year

    Seller

    Lucille Williams

    Source: Public records data

    If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

    How insights can help you

    Interest rate

    If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

    Motivation

    If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

    Equity

    If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

    Interested in learning more?

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    House

    19723 Carrie St, Detroit, MI 48234

    Status: Active

    Tomo last checked: 03/31/2025 at 12:20 PM

    Listing updated: 03/25/2025 at 9:14 AM

    Listed by: Sotero M Lopez II, EXP Realty Main Phone #: (888) 501-7085

    MLS: Realcomp #20240064593

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