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About This Home

This 3-bedroom, 2-bathroom single family at 5504 Buckingham in Detroit, MI is listed for $160,000 ($96 per sqft). Built in 1937, the home offers 1,674 sqft of living space on a 0.10 acres lot.

Agent Description

ATTENTION INVESTORS! This is your opportunity to purchase 3 properties located in Detroit's desirable Morningside subdivision of 420k! Two are tenant occupied, and come with the purchase. Average cap rate of 9.38%. This property is a large brick colonial with very spacious rooms including 3 bedrooms, a large kitchen, a spacious living room and a formal dining room.

Located just a few steps from the newly remodeled Ronald Brown Academy (pre-K through 8th grade). Unable to show until offer received and accepted due to current tenant occupation.

Key Features

  • Built in 1937
  • 0.10 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full, 1 half
1937

Amenities

FireplaceBasement

Monthly Cost Estimate

$856/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

5504 Buckingham

Detroit, MI 48224

East Detroit Dev Cos Sub 2

Features & Amenities

Exterior Features

Fenced YardPatioPorch

Property Details

Construction

Brick

Parking

On Street

Heating

Fireplace(s)Forced Air

Cooling

Ceiling Fan(s)

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5504 Buckingham is listed at $160,000 ($96/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: Built in 1937, 0.10 acre lot, 2 stories, Fireplace. Exterior Features: Fenced Yard, Patio, Porch.

This property is listed by Paula Draper and can be reached at 3133100211 or paula@higbiemaxon.com.

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PD

Paula Draper

Agent at Higbie Maxon Agney Inc

(313) 310-0211

Listed by Higbie Maxon Agney Inc · View on Broker Site

MLS# 50197371· Source: listhub· Updated 88 days ago

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5504 Buckingham, Detroit, MI 48224

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