Threeworld home
Multi-Family
United States
1 / 4

5344-5346 Belvidere St, Detroit, MI 48213

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5344-5346 Belvidere St, Detroit, United States

A duplex with two separate units at 5344-5346 Belvidere St in the Gratiot Woods neighborhood of Detroit. Each three-bedroom, one-bathroom unit sits within a 2,208 square foot building reflecting the area's 1910s and 1920s architecture. It is near the Engine 41 fire station, Bethel Baptist Church East, and the Brighter Detroit Community Center.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,641
▲ $641 (64.10%)
Investment Summary
Asset Price$84,510.60
Token Price$50.91
Annual Yield10.42%
Monthly Rental$734.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $84,510.60 in total. The property itself is $63,000.00, so 34.1% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price74.5%$63,000.00
  • Reserves and improvements12.1%$10,260.00
  • Other13.3%$11,250.60

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

1,660

Token Price

$50.91

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-5344-5346-BELVIDERE-ST-DETROIT-MI

Contract Address

0x1a1ec5ef70a643cd35376214e8a8f2ea0d92931d

Property Features

Property Type

Multi-Family

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$84,510.60

Token Price$50.91
Annual Yield10.42%
Tokens AvailableN/A

Property Resources