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A Lovely House
8898 Marlowe is a single-family residence located in Detroit, Michigan. This 1960 property features masonry foundations, asphalt and brick siding, 892 square feet of living space, and a 3,920 square-foot lot. The house offers 3 bedrooms, 1 bathroom, ductless forced air heating, and a front yard. Nearby Greene Playground is the perfect spot for outdoor enjoyment thanks to its open playfield, walkways, picnic shelter, and other site amenities.
A Welcoming Community
The Brooks neighborhood in central Detroit is known for its welcoming community and well-kept homes. Conveniently located near Gratiot Avenue, it offers residents quick access to nearby amenities and is only a short drive from Eastwood Park. Locals also enjoy the green spaces at Stoepel Park Number 2, featuring landscaped gardens and a variety of recreational options for all ages, including soccer and football fields, a playground, and a picnic shelter. The Brooks neighborhood is further enhanced by nearby amenities like the Slim Haven adult assisted living facility, Erma Henderson Elementary School, and the Body of Christ International Church, adding convenience and appeal for residents.
Investment Potential
Marlowe is listed at $83,622 and offers token-holders an expected rental income of 9.13% from this interesting opportunity in a convenient neighborhood. The residence includes a $7,000 renovation budget for any necessary upgrades. This offering is our latest addition in Brooks, where it joins 11420 Montrose,12091 Montrose, 11401 Winthrop, 9576 Grandmont, and 9585 Mettetal, among others. In addition, it is close to our very first tokenized property at RealT, 9943 Marlowe. This mapping demonstrates our continued support of our initial income enhancement strategy by investing in emerging areas.
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