3432 Buckingham Ave, Detroit, MI 48224

$90,000
3
BD
1
BA
1,032
SqFt

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List Price
$90,000
MLS#
20261031711
Status
ACTIVE
Bedrooms
3
Bathrooms
1
Total Square Footage
1,032
Subdivision
EAST DETROIT DEV COS 1

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.

Additional Information

Year Built
1950
Basement Type
Unfinished
Foundation
Basement, Poured Concrete
Acres
0.10
Style
Bungalow
Acres
0.10
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None

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