Threeworld home
Multi-Family
United States
1 / 22

(S) 616 E 131st St, Cleveland, OH 44108

33
(S) 616 E 131st St, Cleveland, United States

A duplex at 616 E 131st St in Cleveland, Ohio, offered as a fractional real estate investment. The property has two apartments, a basement and a garage, with planned renovations covering the kitchens, bathrooms, boilers, hot water tanks and fire safety systems. After renovation, tenants are expected to come from a waiting list of HUD Section 8 renters in Cleveland.

Property Overview

Bedrooms

N/A

Bathrooms

N/A

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,792
▲ $792 (79.20%)
Investment Summary
Asset Price$113,332.50
Token Price$50.37
Annual Yield12.38%
Monthly Rental$1,169.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $113,332.50 in total. The property itself is $56,000.00, so 102.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price49.4%$56,000.00
  • Reserves and improvements38.0%$43,100.00
  • Other12.6%$14,232.50

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

2,250

Token Price

$50.37

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-616-E-131ST-ST-CLEVELAND-OH

Contract Address

0x19A6a39B746c4647A01a3Bf80751155969DDb15A

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

$113,332.50

Token Price$50.37
Annual Yield12.38%
Tokens AvailableN/A

Property Resources