Single Family Home in Detroit, MI, USA, RealT
Property Type : Single Family Home
Price per Token : $50.59
Return Cash (exp) ? : 9.14%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $80,944.00
Total Number of Tokens : 1,600

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

 

A Charming Bungalow
17402 Evergreen is a single-family residence located in Detroit, Michigan. This house, built in 1949, features a masonry foundation and brick siding. Its 728 square feet of living space and 4,356-square-foot lot offer 3 bedrooms, 1 bathroom, gas and forced air heating, a dedicated driveway, and a front yard. Residents can enjoy outdoor activities at Milan Playfield, a green area with walking trails, playgrounds, and a soccer field.

Inviting and Convenient
The Evergreen-Outer Drive neighborhood in Detroit is known for its cozy charm and inviting atmosphere. Its tree-lined streets feature intimate brick homes on deep lots, perfect for backyard gatherings. Traditional bungalows dominate the area, showcasing design details like front porches, bay windows, and Cape Cod-style dormers. The neighborhood is part of the Detroit Public Schools Community District, offering options like Bates Academy for grades K-8 and the highly regarded Cass Technical High School. Residents also have easy access to local favorites like North Rosedale Park’s Royal Fresh Market, conveniently located near Eight Mile Road.

Investment Potential
Evergreen is listed at $80,944 and offers token-holders an expected rental income of 9.14% from this interesting opportunity in a revitalizing neighborhood. This home offers a $10,000 budget for renovations, addressing major system upgrades and personalized updates as determined by individual assessments. This offering is our latest addition to Evergreen-Outer Drive, where it joins 18433 Faust and 17500 Evergreen. The new property enhances our strategic plan to invest in locations with development for the long term.

 

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