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Wide and Beautiful
16199 Strathmoor is a single-family home located in Detroit, Michigan. Built in 1929, this 2-story house features masonry foundations and brick and frame siding, with 1,204 square feet of living space and a 3,920-square-foot lot. The home offers 3 bedrooms, 1 bathroom, gas and forced air heating, a dedicated driveway, and a front yard. Residents benefit from nearby amenities such as New Beginnings Fellowship Church, Coleman A. Young Elementary School, and John R. King Academic and Performing Arts Academy, which offer both spiritual enrichment and quality educational options for families.
A Residential Community
The Cerveny neighborhood in Detroit offers a timeless charm, featuring classic brick and Colonial homes with dormer windows, distinctive Tudor Revivals with rough stone accents, and charming Cape Cods. Sidewalk-lined streets enhance walkability and create a welcoming atmosphere. As a primarily residential community, Cerveny provides a peaceful retreat from urban life while fostering a close-knit neighborhood vibe. Convenient transportation options, such as bus stops along Puritan Avenue, ensure easy access to the city’s amenities and attractions.
Investment Potential
Strathmoor is listed at $88,445 and offers token-holders an expected rental income of 10.06% from this attractive opportunity in a residential neighborhood. Included with the property is a $15,000 renovation fund, intended for system upgrades and targeted improvements based on a thorough evaluation. This property is our latest addition to Cerveny, including 16126 Freeland, which enhances our plans to invest in emerging areas.
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