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