13366 Prest St, Detroit, MI 48227

LOVELY 6 BEDROOM 2 FULL BATHROOM FULLY RENOVATED AND RESTORED INVESTMENT PROPERTY THAT ALREADY HAS A VERY NEW SECTION 8 TENANT AT $1910 A MONTH PLUS SHE PAYS UTILITIES. THIS CASH FLOWING PROPERTY HAS JUST THE RIGHT AMOUNT OF CHARM AND IS LOCATED JUST A FEW BLOCKS OFF GREENFIELD AND A 1/4 MILE FROM THE INTERSTATE. 5-10 MINUTES FROM DOWNTOWN DETROIT, DEARBORN, REDFORD AND LIVONIA. THIS AREA IS VERY UP AND COMING. This fully remodeled partially furnished winner has been fully restored with 3 additional bedrooms and 1 full bathroom. It also comes with a full size second kitchen with living square footage at approximately 4,000 square feet. Prest has received one of our full jumbo delux rehab packages and included in our renovation and restoration 2025 package are as follows; A new roof. New attractive high end durable grey carpet from top to bottom. All new vinyl windows. Mostly all new electrical, new breaker panel, new meter, new wire, new junction boxes, new grounded service line, new plugs, new gcfi’s, new switches, all new LED lighting and fixtures throughout. Mostly all new plumbing as well, many new pex lines, new PVC, new vanities, new faucets, new fixtures, new toilets, new bath tub, new kitchen sinks and more. All new kitchen and bathroom flooring as well. All new interior and exterior paint. New countertops and cabinets. All new blinds. Excellent HVAC. A lot of new ductwork and excellent new Rheem 50 gallon Hot Water Tank . New security camara’s and flood lights as well. New Fridge, built in oven and stove, microwave, washer and dryer also included. Furthermore, the basement has been finished and is an entire living space onto itself. *There’s also a new main drain and cleanout which is a major plus! It’s not a full brick home but the foundation is rock solid and with the new roof and newer vinyl siding and windows it makes for a perfect rental property. Its consists of 5 large bedrooms and one smaller bedroom and 2 large full size bathrooms. The first kitchen on main floor with kitchen knook PLUS entire large bonus kitchen on lower level. Nice size living room , decent size dining room. With the additional 3 bedrooms, 1 full bathroom and bonus second kitchen it pencils in at approximately 4000 SQFT. This property also boasts a walk out balcony upstairs and front and back downstairs porches with double gated and fenced in large back yard and nice new shed and three entry doors. Not to mention the lucrative rent to value ratio The surrounding comps on Single Family 6 Bedroom 2 Full bathrooms fully refinished semi furnished homes in the area are pushing 130K. Home values have been consistently and considerably increasing year after year for the passed 15 years here in Detroit as well as the Greenfield area. At $1910 a month in section 8 rent with new lease just started + utilities paid puts this investment property at approximately a 20% annual return as well as at the 2% rule. Perfect Detroit Cash Cow for beginner investor looking to get started or sophisticated investor looking to add to their portfolio. For this 6bedroom 2 full bathroom section 8 rental property cash buyers or DSCR loans are favored. We also have a local lender who specializes DSCR loans if you need a referral. Lastly, this property has a full and clear and marketable Warranty Deed that will be delivered to buyer via reputable and established third party Title Company at the time of closing. Feel free to reach out for further information regarding the property.