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3432 Buckingham Avenue

Detroit MI 48224

3
1
1851 sq. ft.
0.1 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
1 bathroom
1851 sq. ft. floor area
0.1 ac. lot size
Single-Family

Property history for 3432 Buckingham Avenue

2015
Sold
$7,000
04 Dec 2015 by John Koerner, of Premier Realty Professionals, Inc

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 399 three-bedroom single-family properties similar to 3432 Buckingham Avenue, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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