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$ 90,000
Est. payment /mo
Active
3432 Buckingham Avenue Detroit, MI 48224 3533
3 Beds
1 Bath
1,032 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $87
Subdivision East Detroit Dev Cos 1
MLS Listing ID 60990071
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,032
Year Built 1950
Annual Tax Amount $1,349
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 37X114
Property Sub-Type Single Family
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
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water at Street
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc
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