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Charming and Cozy
14294 Cherrylawn is located in the Mackenzie neighborhood of Detroit. This single-family residence from 1929 features masonry foundations and a brick exterior, and its 825 square feet of living space and 3,310 square-foot lot offer 3 bedrooms, 1 bathroom, and gas-powered ductless forced air heating. Residents can engage in outdoor activities at Intervale-Roselawn Playground, which offers open spaces and trails for running and biking. The house also enjoys easy access to nearby schools like Noble Elementary-Middle School and Charles L. Spain Elementary-Middle School.
A Convenient Neighborhood
The Detroit neighborhood of Mackenzie is often described as an accessible and up-and-coming location. The area features a mix of medium-sized 3- to 4-bedroom homes and smaller options, including studios and apartment buildings. Known for its mature trees and charming parks, Mackenzie is conveniently located near I-96, just 8 miles from downtown and 6 miles from Wayne State University. Additionally, its proximity to Ford Field, home of the Detroit Lions, adds appeal for football enthusiasts.
Investment Potential
This property is listed at $68,664.40, and offers token-holders an expected rental income of 9.18% together with an attractive opportunity to invest in a popular and accessible neighborhood. The residence also includes a $5,000 renovation budget to make upgrades that will ensure the property’s attractiveness in the long run. This offering is our latest addition in Mackenzie, where it joins 11380 Pinehurst, 9117 Manor, 14260 Roselawn, 12130 Manor, 8565 Northlawn, and 10130 Cedarlawn. This new property further supports our strategic effort to enhance returns by investing in emerging areas.
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