4368 BUCKINGHAM Avenue, Detroit, MI 48224

$139,000 Asking Price

3 beds
1 bath
1,560  sqft
Built in 1925

CALLING ALL INVESTORS**1500+ Sq Ft performing colonial in Morningside, one of Detroit's most coveted neighborhoods. Terrific tenant paying $1,100 monthly rent. This cash cow yields over 13k in annual gross income with a SOLID ROI. Home has a newer roof, vinyl windows and large living room with fireplace. Formal dining room and large eat in kitchen w/Granite/Breakfast nook for all family gatherings. 3 large bedrooms upstairs as well as a full bathroom with tub/shower. Basement is wide open, clean, with newer mechanicals. Fenced yard and great curb appeal. This property would make a great longer term hold, while putting money in the next owners pocket. Easy area to find quality Tenants, close to schools, shopping and dining. Call/text for more information.


Features & Amenities

Interior

Basement:
Unfinished
Heating:
Forced Air, Natural Gas

Exterior

General:
Fenced
Style:
Colonial

Construction

Roofing:
Asphalt
General:
Aluminum, 2 Story, Basement

Location

Road/Access:
Paved
School District:
Detroit
County:
Wayne

Lot

Zoning:
E BUCKINGHAM 793 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 40 X 114, W21I069681S
Fencing:
Back Yard

Utilities

Water:
Public
Sewer:
Sewer-sanitary

This listing courtesy of:
U.S. Investor Group, Sam Berri

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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