Duplex in Detroit, MI, USA, RealT
Property Type : Multifamily
Price per Token : $50.88
Return Cash (exp) ? : 7.22%
Minimum Investment : 1 Token
Total Property Size : 3 beds / 2 Baths
Total Property Value ? : $345,984.00
Total Number of Tokens : 6,800

Sold Out – This Real Estate Token is available on RealTs secondary markets only

 

Wide and Comfortable
12041 Wilfred is located in the Eden Gardens neighborhood of Detroit. This duplex from 1946 features masonry foundations and a brick exterior, with 4,600 square feet of living space and a 5,227 square-foot lot. Each of the 2 units offers 3 bedrooms, 1 bathroom, and gas-powered ductless forced air heating. Residents can enjoy the nearby Eden Gardens´ community garden, a special area with a small playground and a picnic shelter where neighbors come together. As an added bonus, 12041 Wilfred has the potential to be modified into a 4-unit building to accommodate future expansion.

A Tight Community
Eden Gardens is a close-knit, family-oriented neighborhood in Detroit, celebrated for its strong community ties and inviting atmosphere. Residents take pride in the neighborhood’s cleanliness and safety, creating a welcoming environment. The area’s beautiful brick cottages, Cape Cods, and Tudor-style homes enhance its charm, while the closely spaced homes in the southern section foster a friendly, communal feel. Local schools include Brewer Academy and Denby High School. The location has easy access to downtown and Interstate 94, and sits only 7 miles from Ford Field, home of the Detroit Lions.

Investment Potential
Wilfred is listed at $212,436 and offers token-holders an expected rental income of 9.16% from this interesting opportunity in a popular, family-oriented neighborhood. The residence includes a $45,000 renovation budget for a new roof, complete kitchen remodel, fresh paint, and updated windows. These upgrades are scheduled to be completed within the next 60 days. This offering is our latest addition to Eden Gardens, where it joins 13114 Glenfield, 13116 Kilbourne, 14319 Rosemary, and 14271 Rosemary. This new property further supports our strategic effort to enhance returns by investing in emerging areas.

 

 

 

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