Duplex, USA, Detroit, MI, RealT
Property Type : Multifamily
Price per Token : $50.93
Return Cash (exp) ? : 9.69%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $94,729.80
Total Number of Tokens : 1,860

SOLD OUT – This Real Estate Token is only available on RealTs secondary markets

 

Spacious and Convenient
14892 Wildemere is a classic 1924 duplex located in the Dexter-Fenkell neighborhood of Detroit. The residence features masonry foundations and asphalt siding, and includes 1,930 square feet of living space on a 4,356 square-foot lot. Each of the two units offers 3 bedrooms, 1 bathroom, and gas forced air heating, and residents share a detached garage along with easy access to nearby Salsinger Playfield, a peaceful green area perfect for walking and engaging in outdoor activities.

A Philanthropic Community
Dexter-Fenkell, also known as Hope Village, is a neighborhood within Detroit’s Eco District. Named in honor of the esteemed community organization Focus: HOPE, this area stands out for its strong philanthropic spirit and community collaboration. Residents and businesses benefit from access to essential resources such as the Parkman Library and educational institutions like Glazer and Joy Preparatory Academy. Local organizations including Wellspring Lutheran Church, the Village of Oakman Manor, and the Accounting Aid Society also enrich the neighborhood.

A Solid Investment
14892 Wildemere is listed at $129,438 and offers investors an expected rental income of 9.41% along with a good opportunity to invest in a rejuvenating community. Additionally, the property comes with a $20,000 renovation budget for house improvements including landscaping, repainting the entire property, updating the kitchen, and replacing the toilet in the top-level unit. Dexter-Fenkell is an attractive location for investment with promising potential for growth and development.

 

 

 

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