3432 Buckingham Avenue, Detroit, Michigan 48224

$90,000

Property Details

MLS#: 20261031711
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,032
Price per Sqft: $87
Lot Size: 0.1 acres
Year Built: 1950
Property Type: Residential
Status: Active
Days on Market: 124

Market Analysis

Estimated Value (CMA): $126,936
Area Avg Price/Sqft: $104
This Property: $87/sqft ($17 below area average)
Price Position: -16.0% vs comparable homes
Comparable Properties Analyzed: 4

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 3432 Buckingham Avenue?

3432 Buckingham Avenue is listed at $90,000, or $87 per square foot.

How many bedrooms does 3432 Buckingham Avenue have?

This property has 3 bedrooms and 1 bathrooms, with 1,032 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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