5517-5519 Elmhurst St Token

RealT


Price
$60.16 USD (0.33%)

24h Volume
8

Market Cap
$114,298

Last Trade
March 24, 2024

Last Trade
March 24, 2024
5517-5519 Elmhurst St logo

RealT Price

Trading History

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Terms

Fundraise Information

Total Raise $103,300 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $54 USD
Accepted Investors International Non-US
Exemptions RegS
Instrument Equity
Token Issuance Info No lock up period due to RegS

Token Information

Price Per (RealT) $60.16 USD (0.33%)
Token Issuance Platform RealT
Blockchains Available On Gnosis Chain
Security Type Equity
Asset Class Real Estate
Payment Options Other

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of USDC or XDAI (stablecoin). Expected Income: 10.92%.

About

Overview

This duplex is located on a quiet residential street, but it sits steps away from Livernois Street, which is home to local markets and restaurants. It is also positioned directly across from the Detroit Police Department 10th Precinct, which promotes a safe, crime-free neighborhood. In addition to its safety, Nardin Park is part of the City of Detroit’s revitalization plan, which includes a framework to protect the character of the neighborhood’s future development. It prioritizes building on inclusionary growth, economic opportunity, and an atmosphere of trust within the community. To date this plan has renovated over 300 boarded-up buildings, implemented a demolition strategy for dilapidated areas, and developed a community forum to involve residents in determining what areas to target next.

Highlights

Property Type: Duplex
Full Address: 5517-5519 Elmhurst, Detroit, MI 48204
Country: USA
Source: RealT
Neighborhood: Nardin Park
Construction Year: 1928
Total Units: 2 Units
Bedroom/Bath: 3x2 Bed / 2x2 Bath
Rental Type: Long-term
Rented?: Fully Rented
Rent Subsidy?: No