11441-11443 Flanders

Located on Detroit’s east side, 11441-11443 Flanders is a well-maintained brick duplex whose units each offer 2 bedrooms and 2 bathrooms along with an assigned parking garage. This property encompasses 1,763 square feet of living space on a 4,443 square-foot lot. With the current tenants in place, this duplex provides stability and economies-of-scale advantages, as it is near our properties at 12747-12749 Nashville and 11201 College, as well as many other sold-out RealT properties.

Flanders is situated in the Gratiot-Findlay neighborhood, just 8 miles from downtown Detroit and close to the airport, with quick access via the Edsel Ford Expressway. The neighborhood is defined by its vibrant community spirit, best represented by The Shed at Martz Park, a community organization supporting youth and residents. Martz Playground sits next to the property and offers recreational amenities like a playscape, walking circle, and a spacious soccer field, enhancing the quality of life for residents.

Token holders can anticipate a 10.18% expected rental income from this well-situated duplex, which was acquired for $89,000. The listing price includes a $6,000 renovation budget allocated for essential updates such as roof maintenance, painting, and addressing deferred maintenance. This property not only promises a stable investment opportunity, but also the chance to be part of a resilient and culturally rich community in Gratiot-Findlay.