Multi-Family
United States
1 / 7

15860 Steel Ave, Detroit, MI 48227

25
15860 Steel Ave, Detroit, United States

A two-unit duplex at 15860 Steel Ave in Detroit's Bethune Community, with each unit offering 2 bedrooms and 1 bathroom. The property spans a combined 2,466 square feet of living area on a 3,833-square-foot lot, near local landmarks such as the Veterans Center and St. Peter Claver Catholic Parish.

Property Overview

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Investment Returns Projection

Projected value

$1,639
▲ $639 (63.90%)
Investment Summary
Asset Price$138,545.00
Token Price$50.38
Annual Yield10.39%
Monthly Rental$1,200.00
Appreciation RateN/A
Occupancy RateN/A
Where the Raise Goes

The offering costs $138,545.00 in total. The property itself is $98,000.00, so 41.4% of the total sits on top of the purchase price in reserves, costs and fees.

  • Purchase price70.7%$98,000.00
  • Reserves and improvements17.0%$23,600.00
  • Other12.2%$16,945.00

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

2,750

Token Price

$50.38

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-15860-STEEL-AVE-DETROIT-MI

Contract Address

0x707d18db2f7ffdb79d99dedf8f2110cb8966d7ff

Property Features

Property Type

Multi-Family

Bedrooms

2

Bathrooms

1

Size

N/A

Year Built

N/A

Condition

N/A

Street View
Total Price

$138,545.00

Token Price$50.38
Annual Yield10.39%
Tokens AvailableN/A