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$ 90,000
Est. payment /mo
Active
3432 Buckingham Avenue Detroit, MI 48224
3 Beds
1 Bath
1,032 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $87
MLS Listing ID 20261031711
Bedrooms 3
Full Baths 1
Year Built 1950
Annual Tax Amount $1,349
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 37X114
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
WELCOME TO 3423 BUCKINGHAM — 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 $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS 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 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.
Location
State MI
County Wayne
Direction Buckingham & Mack
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I069617S002L
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realtyflo Inc
Nearby Locations
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