Single Family Home in Detroit, MI, USA, RealT
Property Type : Single Family Home
Price per Token : $51.18
Return Cash (exp) ? : 9.13%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $87,006
Total Number of Tokens : 1,700

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

 

A Cozy House
13881 Saratoga is a single-family residence located in Detroit, Michigan. This home, built in 1940, features a masonry foundation and brick siding, and its 1,371 square feet of living space and 4,182-square-foot lot offer 3 bedrooms, 1 bathroom, ductless forced air heating, a detached garage, and a backyard. Residents can also engage in recreational activities at Calimera Park, a green area with walking paths, and playground facilities, which offers a range of outdoor entertainment and events for visitors of all ages.

Small and Convenient
The Franklin neighborhood in Detroit has quick access to key amenities and appealing housing options. This up-and-coming area is filled with homes from the 1920s, 30s, and 40s, reflecting the Motor City’s vibrant past. Bungalows and colonial-style houses highlight popular styles of that era, and recent renovations have revived these historic properties. Gratiot Avenue connects Franklin to downtown Detroit, just 8.3 miles away, with frequent bus service via the 6 Gratiot line. Students can attend Pulaski Elementary-Middle and Osborn High School as local schools. One main attraction is Wish Egan Field, a park with athletic facilities, including baseball and soccer fields, a basketball court, picnic spots, and a community gathering space.

Investment Potential
This property is listed at $87,006 and offers token-holders an expected rental income of 9.13% from an attractive opportunity in an upcoming neighborhood. It also includes a $25,000 renovation budget for rehab, including new windows, a refreshed kitchen, refurbished bathroom, and a new roof. Both the exterior and interior will be enhanced, ensuring the property’s appeal and highlighting its solid structure and good potential for the long run.

 

 

 

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