Single Family Home, USA, Detroit, MI 48204, RealT
Property Type : Single Family Home
Price per Token : $50.49
Return Cash (exp) ? : 9.59%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $69,676
Total Number of Tokens : 1,380

 

A SMART CHOICE FOR GROWING FAMILIE

Built in 1941, 8565 Northlawn is a single-family brick home offering 3 bedrooms and 1 bathroom, as well as a fireplace for extra charm, all on an ample 3,615 square-foot double lot. The property is ideally located near Barton Elementary School and Starr Commonwealth School, making this home a perfect choice for growing families.

 

A THRIVING NEIGHBORHOOD

The Mackenzie neighborhood is a thriving residential community known for its tight-knit atmosphere and rich history. Bordered by Grand River Avenue and West Chicago Street, the neighborhood offers seamless access to the I-96 highway, making it a suburban oasis with swift connectivity to downtown Detroit (just a 15-minute drive away). Mackenzie is well-known for Mackenzie High School, which has many famous graduates.

 

ECONOMIES OF SCALE

Token-holders stand to benefit from an expected rental income of 9.59%. Acquired for a reasonable $55,000, the property’s listing price includes a $3,000 renovation budget allocated for essential brick maintenance and painting, ensuring both durability and aesthetic appeal. Strategically located near other RealT properties such as 6515-6517 Boxwood, Northlawn aligns with RealT’s economies-of-scale approach to reduce operational costs for token-holders, fostering operational efficiency and potentially maximizing returns on investment.

 

 

 

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