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HOME BY THE PARK
4601 Lillibridge is a traditional single-family residence featuring 3 bedrooms and 1 bathroom on a 4,225-square-foot lot – plenty of yard for tenants to enjoy! The property also includes an attached 1-car garage and is conveniently located near Brewer Park, the Barack Obama Leadership Academy, and The Apostle Paul MBC, making it an ideal location for families with children.
COMMUTING OPTIONS
The West End neighborhood, while primarily residential, offers residents easy access to nearby commercial and industrial areas, along with stores, groceries, and casual dining options. Public transit is accessible along Shoemaker Street, Warren Avenue, and Cadillac Avenue, facilitating convenient travel throughout the city. West End is also situated near two Stellantis plants that manufacture Jeep and Dodge vehicles, providing employment for nearly 10,000 workers.
CONCENTRIC CIRCLE STRATEGY
Investing in 4601 Lillibridge presents a significant opportunity with an expected income of 9.30%, and the property was acquired for $60,000, with an additional $4,000 renovation budget allocated for painting and deferred maintenance. This investment is part of a broader concentric circle strategy supported by a portfolio of nearby properties including 4609 Lillibridge, 4628 Lillibridge, and 4526 Lillibridge. RealT owns approximately 82,000 square feet of living space in the area, allowing us to achieve economies of scale and maximize the investment potential of the West End neighborhood.
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