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Fractional ownership of a rented property in Detroit, MI.
1 Holdings Tappan St, Detroit, MI 48234 is a tokenized rental property issued by RealT. Each token represents a fractional interest in the LLC that owns the property, with rental income distributed to holders. Tokens are issued on Gnosis Chain and transfers are restricted to wallets RealT has verified.
A single rented property in Detroit, MI, tokenized by RealT into 8,000 tokens at $50.26 each. Income comes from rent rather than price appreciation, and the tokens are whitelist-gated, so a wallet must be verified by RealT before it can hold them. Secondary liquidity is thin by nature: this is a property, not a market.
Generated from issuer disclosures and reviewed against sources listed below. Not investment advice.
Addresses shown only where independently confirmed against explorers and issuer documentation. Holder and transfer analytics are available via the linked explorers.
Rental income is distributed to token holders by the issuer, net of costs.
No. RealT must verify and whitelist your wallet before it can receive tokens.
Not reliably. Secondary markets for individual properties are very thin.