Multi-Family
United States
1 / 8

15019 Steel Ave, Detroit, MI 48227

27
15019 Steel Ave, Detroit, United States

A two-story brick duplex in Detroit's Bethune Community, comprising 2 units each with 2 bedrooms and 1 bathroom. The property offers 1,869 square feet of living area on a 3,920 square-foot lot, near Hope Presbyterian Church, Loyola High School and a local day care center.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,616
$616 (61.60%)
Investment Summary
Asset Price$137,346.30
Token Price$50.31
Annual Yield10.07%
Monthly Rental$1,153.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $137,346.30 in total. The property itself is $97,000.00, so 41.6% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price70.6%$97,000.00
  • Reserves and improvements17.1%$23,500.00
  • Other12.3%$16,846.30

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

2,730

Token Price

$50.31

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-15019-STEEL-AVE-DETROIT-MI

Contract Address

0x11d2b6613cbebb4172ef9507286e47c99e3a4b37

Property Features

Property Type

Multi-Family

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$137,346.30

Token Price$50.31
Annual Yield10.07%
Tokens AvailableN/A