A Tranquil Residence

Located within the tranquil Regent Park neighborhood, 15662 Manning provides a serene retreat for its tenants. This single-family brick residence features 2 bedrooms, 1 bathroom, and a detached 2-car garage, providing ample space and major convenience. Nearby places of interest include Regent Park and the Regent Park Scholars Charter Academy, offering opportunities for both recreation and education. The Heilmann Recreation Center at Regent Park, rebuilt in 2004, serves as a cornerstone for Eastside recreation, further enhancing the vibrant lifestyle of the community.

An Accessible Neighborhood

Regent Park, spanning a 76-block area on the northeastern border of the city, boasts a wide variety of traditional brick homes ranging from colonials to bungalows and ranches. Tree-lined streets and centrally located green spaces, such as Boulder-McGregor Park and the Heilmann Recreation Center, contribute to the neighborhood’s appeal. With major commercial corridors at Gratiot and Eight Mile, as well as Kelly and Eight Mile, residents enjoy easy access to shops, restaurants, and amenities. The neighborhood’s diversity is reflected in its community homeowners association, which fosters a strong sense of community pride and engagement.

A Favorable Opportunity

Token-holders can anticipate an expected income of 9.58%. Acquired for $52,000, Manning offers a favorable investment opportunity in an up-and-coming residential district in northeast Detroit. A renovation budget of $4,000 has been reserved for roof maintenance and painting, ensuring the property’s longevity. Its proximity to other RealT properties, including 15634 Liberal, 15894 Tacoma, 15800 Tacoma, and 15841 Coram, highlights the economies-of-scale strategy implemented by RealT to minimize management costs and maximize returns.