Multi-Family
United States
1 / 8

3406 Medbury St, Detroit, MI 48211

23
3406 Medbury St, Detroit, United States

A duplex in Detroit's Poletown East neighborhood, built in 1910, with 2 bedrooms and 1 bathroom in each unit and 2,562 square feet of living space on a 4,530-square-foot lot. It has siding exterior, masonry foundation, and forced air natural gas heating. Located near a fire station, police station, and the I-94 freeway.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,649
▲ $649 (64.90%)
Investment Summary
Asset Price$127,075.00
Token Price$50.83
Annual Yield10.52%
Monthly Rental$1,114.20
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $127,075.00 in total. The property itself is $90,000.00, so 41.2% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price70.8%$90,000.00
  • Reserves and improvements18.0%$22,870.00
  • Other11.2%$14,205.00

Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.

Token Information

Total Tokens

2,500

Token Price

$50.83

Tokens Available

0

Minimum Investment

N/A

Token Holders

N/A

Platform Fee

N/A

Management Fee

N/A

Leverage

Not stated

Blockchain Network

Gnosis Chain

Token Symbol

REALTOKEN-S-3406-MEDBURY-ST-DETROIT-MI

Contract Address

0x9dfd50ac7cb60832bf7b1c7c46204efcbd2cc959

Property Features

Property Type

Multi-Family

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$127,075.00

Token Price$50.83
Annual Yield10.52%
Tokens AvailableN/A