15064 Tracey Street

Detroit - United States of America

Properties > 15064 Tracey Street
EST. ANNUAL RETURN
10.24%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Entire Property
PROPERTY TYPE
Single Family Home
TARGET
$70,000

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Description

4 bedroom 1.5 bathroom, single-family home originally constructed in 1928 and recently renovated. The property offers a spacious 113.9m2 of living space over two floors, with a basement and a garage.

In addition, the property comes complete with a built-in fireplace in the living room, forced air heating and central cooling offering a warm, comfortable environment in the winter and cool, fresh space in the summer.


About the area

Detroit is the largest city in the Midwestern state of Michigan. Near Downtown, the neoclassical Detroit Institute of Arts is famed for the Detroit Industry Murals painted by Diego Rivera, and inspired by the city’s ties to the auto industry, giving it the nickname "Motor City."

Detroit is also the birthplace of Motown Records, whose chart-topping history is on display at their original headquarters in Hitsville, U.S.A.

Investment Timeline
  • Funding started
    16th Oct. 2020
  • Funding complete
    29th Oct. 2020
  • Rental starts
    23rd Nov. 2020
  • Returns start
    1st Dec. 2020
  • Year 1 returns
    1st Dec. 2021
  • Year 2 returns
    1st Dec. 2022
  • Year 3 returns
    1st Dec. 2023
  • Year 4 returns
    1st Dec. 2024
  • Property sold
    4th Oct. 2024


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