Single Family Home, USA, Detroit, RealT
Property Type : Single Family Home
Price per Token : $51.07
Return Cash (exp) ? : 9.27%
Minimum Investment : 1 Token
Total Property Size : 3 Beds / 1 Bath
Total Property Value ? : $86,819.00
Total Number of Tokens : 1,700

SOLD OUT – This Real Estate Token is only available on RealTs secondary markets

 

A DELIGHTFUL HOME
12111 Kentucky is a lovely 2-story single-family brick residence located in the heart of Detroit’s Littlefield Community. This home comprises 3 bedrooms and 1 bathroom. Its proximity to K&K Assisted Living and Noble Elementary-Middle School ensures convenience for residents and makes it an ideal property for families. The temporary wood protection on the door has been installed purposely to avoid squatters during its ownership transition. The house is rent-ready, but the outside needs landscaping, which will be done when the new tenant moves in.

A CLOSE-KNIT COMMUNITY
Originally developed in the early 20th century, the Littlefield Community neighborhood retains a touch of Oakman Boulevard’s heritage, showcasing popular housing styles from the 1920s. The neighborhood is known for its close-knit atmosphere and historic charm, and enjoys tree-shaded streets and a sizable park that serves as a hub for outdoor recreation and community events. With immediate access to local amenities like the K-8 school, various vintage homes, and the community’s own Coney Island restaurant, Littlefield blends convenience with character.

A STRATEGIC INVESTMENT
Investing in 12111 Kentucky presents a promising opportunity with an expected annual income of 9.27%. The property, purchased for $67,000, has an additional $5,000 renovation budget allocated for gardening and roof maintenance, enhancing its structural integrity. This property is part of RealT’s broader economies-of-scale strategy, which includes nearby properties such as 12145 Kentucky and 12789 Birwood. By clustering properties in the same area, RealT can minimize maintenance costs and maximize returns.

 

 

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