5601 buckingham avenue, detroit, MI 48224

HIGHEST AND BEST TUESDAY AT 5PM. LOCATED 3 MINUTES FROM INFAMOUS EAST ENGLISH VILLAGE, YOU WILL FIND 5601 BUCKINGHAM NESTLED ON A 4,356 SQUARE FOOT LOT IN THE QUIET "MORNINGSIDE" NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOAST 4 FULL BEDROOMS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS A NEWLY INSTALLED FURNACE AND HOT WATER TANK. IN ADDITION, THIS HOME HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER SHE HAS FRESHLY ROLLED PAINT AND PROFESSIONALLY REFINISHED HARDWOOD FLOORS. THIS BEAUTY IS RENTED ON A 2 YEAR LEASE TO A SECTION 8 TENANT AND THE MONTHLY DIVIDENDS OF $1480 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEARLY 22% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE IN A LUCKY OWNER'S FINGERTIPS SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of Discover Real Estate, Phone: (586) 770-6565