11310 Prest Street • Detroit, MI 48227
11310 Prest Street • Detroit, MI 48227
Offered at $53,000
Exceptional Investment Opportunity in Detroit's Plymouth- Hubbell
Overview: Craftsman brick rehab opportunity
Property Details:
Type: Single Family Residential
Style: Brick Craftsman
Total Bedrooms: 4
Total Bathrooms: 2
Total Square Footage: 1,350 SF
Location: Plymouth-Hubbell, Detroit, Michigan
Discover an exceptional investment opportunity with this charming brick Craftsman home located at 11310 Prest Street in Detroit's Plymouth-Hubbell neighborhood. This single-family residence offers a spacious layout featuring 4 bedrooms and 2 bathrooms across 1,350 square feet, blending historical charm with modern conveniences.
Property Highlights:
Spacious Layout: The home includes 4 bedrooms and 2 bathrooms, providing ample space for tenants or future homeowners.
Historical Charm: Built in 1926, this brick Craftsman retains its original architectural details, offering timeless appeal.
Investment Potential: The property is ideal for investors seeking a rehab opportunity to add value and capitalize on the strong rental market in the area.
Neighborhood Insights:
Plymouth-Hubbell is experiencing a notable increase in home values, with the average home value rising by 8.0% over the past year to $54,516. The neighborhood's housing market is somewhat competitive, with homes selling in approximately 48 days.
Features:
Spacious Property: This home boasts generous living spaces, with multiple bathrooms ensuring comfort and style for tenants or buyers.
Strong Rental Market: The Westside Detroit area has a robust rental market, making this an ideal investment for steady rental income and long-term capital appreciation, or potential as a rehab and flip.
Investment Advantages:
Value-Add Potential: This property is primed for rehabilitation, allowing investors to enhance its value through strategic upgrades.
Strong Rental Market: With a median rent price of $1,067, Plymouth-Hubbell presents opportunities for steady rental income.
Appreciation Prospects: The upward trend in home values indicates potential for long-term capital appreciation.
Conclusion:
Don't miss the chance to acquire this solid, income-generating asset in Detroit's evolving Plymouth-Hubbell neighborhood. Whether you're looking to expand your real estate portfolio or seeking a versatile living space, 11310 Prest Street offers comfort, style, and functionality with significant potential for future appreciation.
Note: Property details and neighborhood statistics are based on available data as of December 2024. Prospective buyers should verify all information and consider conducting a professional appraisal and inspection.
