Convenient reinvestment property
Introducing 19396 Westphalia, a charming brick bungalow that also sports a detached 2-car garage. This home enjoys a practical 3 bedrooms and 1 bathroom in a comfortable 1,108 square feet of living space, all on a 3,877 square-foot lot, fenced to avoid squatters.
Situated in the Pulaski neighborhood of Detroit, it also enjoys proximity to local amenities such as Calimera Park and Brown’s Daycare Center, adding convenience and recreational opportunities for residents. The house is currently undergoing construction, approaching its completion, with a tenant on the first floor.
Easy access to transportation
The Pulaski neighborhood is distinguished by its grid-like streets and closely spaced residential homes. Bus stops on 7 Mile Road, Schoenherr Street, and Hoover Street make it easy to get around the neighborhood. People who have cars can use Michigan Highway 53 to go to work, making this an appealing location for working families.
Token-holders can anticipate a 9.15% expected rental income from Westphalia. Acquired for a competitive $55,000, this property presents an attractive investment opportunity, and the listing price includes a $4,000 renovation budget that covers essential upgrades such as brick enhancements, painting, and sidewalk maintenance. As part of RealT’s commitment to economies of scale, this property’s location near many other RealT properties aligns with our strategic vision aimed at maximizing efficiency and returns for investors.