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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.