Single Family Home in Detroit, MI, USA, RealT
Property Type : Single Family Home
Price per Token : $51.92
Return Cash (exp) ? : 9.02%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1.5 Bath
Total Property Value ? : $77,880
Total Number of Tokens : 1,500

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

 

Cozy and Convenient
10125 Somerset is a cozy house in the Outer Drive-Hayes neighborhood of Detroit, Michigan. This single-family residence from 1939 features masonry foundations and brick siding. Its 1,300 square feet of living space and 4,138 square-foot lot offer 1 bedroom, 1.5 bathrooms, ductless forced air heating, a front yard, and a detached garage. A popular local attraction is Arts & Scraps, a craft store stocked with diverse art supplies; known for engaging events centered on sustainability and creativity, it also offers service programs tailored for children.

A Green Area
The Outer Drive-Hayes neighborhood in Detroit is celebrated for its greenery, with mature trees shading sidewalks and lining many streets. The area showcases charming brick bungalows with spacious porches and low-sloping roofs alongside larger Tudor-style cottages and Colonial Revival homes. Residents can enjoy nearby Chandler Park to the southeast, and among the main local amenities are the Franklin Public Library and the historic Harpos Concert Theatre, a famed Art Deco venue known for rock and heavy metal performances.

Investment Potential
This property is listed at $77,880 and offers token-holders an expected rental income of 9.02%, making it an interesting opportunity to invest in a fast-growing community. The house also includes a $13,000 renovation budget for any necessary upgrades to enhance its long-term appeal. This residence is our latest addition in Outer Drive-Hayes, where it joins 9465 Beaconsfield, 9481 Wayburn, 13045 Wade, 14494 Chelsea, 13370 Wilshire, 14432 Wilshire, and 10645 Stratman, among others. The significant number of properties in the neighborhood highlights our desire to embrace emerging areas with strong growth potential.

 

 

 

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