PRINCIPAL BUSINESS AND ORGANIZATION (Details)											1 Months Ended			3 Months Ended
	Sep. 01, 2023 Company	Feb. 01, 2023 USD ($)	Jan. 03, 2023 USD ($) shares	Oct. 01, 2022 USD ($)	Jul. 23, 2022 USD ($) shares	Jun. 01, 2022 USD ($) ft² a Shareholder	May 06, 2022 USD ($) Land Company shares	Oct. 31, 2019 shares	Dec. 31, 2016 shares	Oct. 31, 2016 shares	Jul. 31, 2023 shares	Sep. 30, 2022 shares	Mar. 31, 2021 Building Company	Sep. 30, 2023 USD ($) Offering $ / shares shares	Nov. 01, 2023 USD ($)	Jun. 30, 2023 $ / shares shares	Feb. 06, 2023 USD ($)	Oct. 14, 2022 USD ($)	Jan. 25, 2022	Oct. 04, 2021	Apr. 13, 2021 USD ($) $ / shares
Common Stock Disclosures [Abstract]
Total shares authorized for issue (in shares) | shares														100,000,000
Common stock, authorized (in shares) | shares														80,000,000		80,000,000
Common stock, par value (in dollars per share) | $ / shares														$ 0.0001		$ 0.0001
Preferred stock, shares authorized (in shares) | shares														20,000,000		20,000,000
Preferred stock, par value (in dollars per share) | $ / shares														$ 0.0001		$ 0.0001
Common stock, Initial public offering (in shares) | shares								15,000,000	15,000,000	5,000,000
Capital contribution by parent														$ 73,320,298
Number of operating companies | Company	2												2
Number of residential apartment buildings to acquire and operate | Building													2
Portfolio risk concentration, percentage														20.00%
Proceeds from public offerings														$ 119,100,000
Number of public offering | Offering														3
Proceeds from issuance of common stock														$ 14,630,000
First & Main, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired					100.00%
Purchase price of interests acquired					$ 3,376,322
Purchase price paid through issuance of shares					$ 2,711,378
1300 Main, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired												100.00%
Purchase price of interests acquired				$ 6,480,582
Woodland Corporate Center Two, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired			100.00%
Purchase price of interests acquired			$ 5,636,966
Purchase price paid through issuance of shares			$ 3,242,557
Shares issued (in shares) | shares			144,113.63
Main Street West, LP [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired		100.00%
Purchase price of interests acquired		$ 8,277,016
MRC Aurora, LLC [Member]
Common Stock Disclosures [Abstract]
Preferred capital from operating partnership																	$ 10,000,000
220 Campus Lane, LLC [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest	100.00%
Campus Lane Residential, LLC [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest	100.00%
Hollywood Hillview [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired																				90.00%
Remaining percentage of economic interest																				10.00%
PT Hillview [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest																				100.00%
MacKenzie-BAA IG Shoreline, LLC [Member]
Common Stock Disclosures [Abstract]
Percentage of economic interest acquired																			98.00%
Remaining percentage of economic interest																			2.00%
Equity Investors Member Units [Member] | Madison [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors													98.45%
Joint venture partners own percentage													1.55%
Equity Investors Member Units [Member] | PVT [Member]
Common Stock Disclosures [Abstract]
Ownership percentage of equity investors													98.75%
Joint venture partners own percentage													1.25%
FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Rentable Space | ft²						134,785
Area of Land Rentable Space Located | a						10
Number of shareholders exception for cash payment | Shareholder						2
Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Number of operating companies | Company							8
Percentage of economic interest acquired							100.00%
Number of parcel entitled land acquired | Land							1
Purchase price of interests acquired							$ 18,333,000
Purchase price of parcel entitled land acquired							3,050,000
Purchase price paid through issuance of shares							4,650,000
Purchase price of parcel entitled land paid through issuance of shares							$ 750,000
Period for right to acquire each property at pre-determined prices in following years														2 years
Common Stock [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares											2,265	169.97
Payment to repurchase shares														$ 13,800,000
Common Stock [Member] | FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Payments to acquire economic interest						$ 27,503
Preferred Stock [Member] | First & Main, LP [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares					120,505.66
Preferred Stock [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Preferred stock, par value (in dollars per share) | $ / shares														$ 25
Operating Partnership shares owned (in shares) | shares														474,480
Operating Partnership shares, amount entitled to receive														$ 11,862,000
Preferred Stock [Member] | FSP Satellite Place [Member]
Common Stock Disclosures [Abstract]
Payments to acquire economic interest						$ 13,752
Preferred Stock [Member] | Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares							206,666.67
Series A Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Preferred stock, authorized amount																		$ 75,000,000			$ 50,000,000
Preferred stock initial offering price (in dollars per share) | $ / shares																					$ 25
Proceeds from public offerings														17,720,000
Proceeds from issuance of preferred stock														$ 120,000
Series A Preferred Stock [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Operating Partnership, ownership interest														14.78%
Series A Preferred Stock [Member] | Preferred Stock [Member]
Common Stock Disclosures [Abstract]
Payment to repurchase shares														$ 30,000.00
Class A [Member] | Operating Partnership [Member]
Common Stock Disclosures [Abstract]
Common stock, par value (in dollars per share) | $ / shares														$ 10.25
Operating Partnership shares owned (in shares) | shares														82,978.43
Operating Partnership, ownership interest														14.78%
Class A [Member] | Wiseman Company LLC [Member]
Common Stock Disclosures [Abstract]
Shares issued (in shares) | shares							77,881.62
Series A and B Preferred Stock [Member] | Subsequent Event [Member]
Common Stock Disclosures [Abstract]
Preferred stock, authorized amount															$ 75,000,000