It looks like you’re in the U.S.

Thank you for your interest in RealT. We’re currently working on a new offering for U.S. persons that is not yet ready for distribution. It’s coming soon – register and we’ll be sure to notify you when it’s ready!

We appreciate your understanding as we continue to redefine real estate investing around the globe.

4667 Lillibridge St, Detroit, MI 48213

View Smart Contracts: Eth xDai

Total Investment: $ 76,622.40

Reg S: Non-U.S. Only

This property is not available for purchase in your area.

Questions/Need Help? Email Us.

Property Highlights

  • Token Type

    Standard Equity

  • Expected Income

    9.31%

    Not including capital appreciation

  • Income Start Date

    August 1, 2024

  • Income per Token

    $ 4.66 / year

  • Token Price

    $ 50.08

  • Total Tokens

    1,530

All financial statements of property yield are best estimates based on current conditions, and can change at any time.

We are targeting the above yield for investors; however, no assurance can be given that you will obtain any return on investment, and there is a risk that you can lose your entire investment.

  • Property Type

    Single Family

  • Full Address

    4667 Lillibridge St, Detroit, MI 48213

  • Country

    USA

  • Source

    RealT

  • Neighborhood

    West End

  • Construction Year

    2000

  • Bedroom/Bath

    3 Beds / 1 Bath

  • Rental Type

    Long Term

  • Rented?

    Fully Rented

  • Rent Subsidy?

    No

Property Financials

  • Gross Income / year

    $ 12,660.00

  • Gross Income / month

    $ 1,055.00

  • Monthly Costs

    - $ 460.50
    • Property Management (8.00%)
      - $ 84.40
    • RealT Platform (2.00%)
      - $ 21.10
    • Maintenance Expenses
      - $ 120.00
    • Property Taxes
      - $ 155.00
    • Insurance
      - $ 80.00
    • Utilities
      Tenant-paid

  • Net Income / month

    $ 594.50

  • Net Income / year

    $ 7,134.00

  • Total Investment

    $ 76,622.40
    • Underlying Asset Price
      $ 60,000.00
    • Sourcing Fee (10%)
      $ 7,662.22
    • Initial Maintenance Reserve
      $ 2,110.00
    • Initial Renovation Reserve
      $ 4,000.00
    • Administrative Fees
      $ 2,500.00
    • Miscellaneous Costs
      $ 350.00
    • Unrounded Listing Price
      $ 76,622.22
    • Rounding Difference
      $ 0.18

  • Expected Income

    9.31%

    Not including capital appreciation

Property Details

  • Lot Size (sqft)

    4,879

  • Foundation

    Masonry

  • Exterior Walls

    Siding / Brick

  • Roof Type

    Asphalt

  • Interior Size (sqft)

    1,296

  • Heating

    Forced Heat

  • Cooling

    Forced Cool

  • Building Class

    C

  • Renovated

    Yes

  • Property Manager

    Mutual Property Management LLC

Blockchain

  • Identifier

    REALTOKEN-S-4667-LILLIBRIDGE-ST-DETROIT-MI

  • Total Tokens

    1530

Gnosis Chain

Ethereum

Test Renovation content!

Offering Details

  • Offering Date

    May 31, 2024

  • Issuer

    RealToken International 4667 Lillibridge St Inc

  • Min. Investment Amount

    $50.08

  • Max. Investment Amount

    $76,622.40

  • Amount Raised

    $76,622.40

  • Offering Percent (of Total Tokens)

    100.00%

About the Property

Ideal Family Spot

This single-family home at 4667 Lillibridge features 3 bedrooms and 1 bathroom within 1,296 square feet of living space, situated on a 4,879-square-foot lot. The exterior boasts brick siding, a sturdy masonry foundation, and an attached garage. Built in 2000, the home is equipped with ducted forced-air gas heating. Its proximity to Brewer Park makes it an ideal spot for family entertainment and outdoor activities.

Prime Location

4667 Lillibridge is conveniently located in Detroit’s West End, near downtown employers, entertainment venues, restaurants, the QLine streetcar, and I-96 highway access. Essential amenities such as grocery stores and schools are within walking distance, providing residents with convenience and a vibrant neighborhood atmosphere.

Leveraging Local Investments

4667 Lillibridge offers a projected income of 9.31%, and the property was acquired for $60,000, with an additional $4,000 allocated for maintenance and entrance enhancements. This investment is part of RealT’s concentric circle strategy, which includes a portfolio of nearby properties like 4609 Lillibridge, 4628 Lillibridge, and 4526 Lillibridge. RealT owns approximately 82,000 square feet of living space in the area, which allows us to achieve economies of scale and maximize returns.

Map

Property Records

Please sign in to view property records. Sign In >

Why Detroit?

INVEST RIGHT

Detroit, one of the fastest growing major cities in America and best kept real estate secrets, is rich with history, and  possesses a colorful cultural fabric. Despite being among the 15 largest metro areas in the US, Detroit drivers spend the least amount of time in traffic during peak periods. Beyond automotive innovation, Detroit is home to dozens of startup incubators, and is surging on Inc.’s list of top 50 cities to start a business*. Root for the Lions, Tigers, Pistons and Red Wings, or enjoy the outdoors with over 200 miles of hiking trails nearby, 9 state parks, and over 3200 miles of coastline to explore.

There’s something for everyone here, because Detroit is for everybody.

The Interests, in the form of Series #1 RealTokens and future series of RealTokens, being offered are highly speculative in nature, involve a high degree of risk and should be purchased only by persons who can afford to lose their entire investment. There can be no assurance that the Company’s business objectives will be achieved or that a secondary market would ever develop for the Interests, whether via the RealToken Website, via third party registered broker-dealers or otherwise. Investing in private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. The Interests being sold are not FDIC insured, may lose value, and there is no bank or other guarantee.

Previous Properties

No Previous Properties were found for your area. US persons can only view US-only properties, and non-US persons can only view Non-US properties. If you believe you're seeing this message in error, please contact us via chat in the lower right corner of the website!
It looks like there are no previous properties at this time.
To improve site performance, the previous property query has been temporarily disabled until 00:00 UTC

    RealT has sold 508 other properties to investors around the world!

    For more information about these properties, please contact us via chat in the lower right corner of your screen, or email us at [email protected].