Multi-Family
United States
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2626-2638 Wreford St, Detroit, MI 48208

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2626-2638 Wreford St, Detroit, United States

A six-unit multi-family property at 2626 Wreford St in Detroit with 13 bedrooms, 6 full baths and a shared laundry facility. Recently remodeled with fresh paint and finished floors, each unit has a back porch opening onto a large communal backyard. It sits near the Detroit Police Training Academy with easy access to major routes, schools, shopping and dining.

Property Overview

Bedrooms

13

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,751
$751 (75.10%)
Investment Summary
Asset Price$362,530.00
Token Price$51.79
Annual Yield11.85%
Monthly Rental$3,580.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $362,530.00 in total. The property itself is $311,000.00, so 16.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price85.8%$311,000.00
  • Reserves and improvements4.2%$15,300.00
  • Other10.0%$36,230.00

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

7,000

Token Price

$51.79

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-2626-2638-WREFORD-ST-DETROIT-MI

Contract Address

0xb890b3cc0f2874b15b0dbf6377d39c106ca29fbf

Property Features

Property Type

Multi-Family

Bedrooms

13

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$362,530.00

Token Price$51.79
Annual Yield11.85%
Tokens AvailableN/A