$72,900 for Sale
9521 brace street, detroit, MI 48228
Property Description
ATTENTION INVESTORS: Looking for a cash flowing $1,100 a month rental property in Detroit? Introducing a standout investment or principal residence opportunity at 9521 Brace Street, Detroit, MI. This rare condo listing is situated directly across from Cody High School, in the vibrant Franklin Park area, promising a blend of comfort and convenience. Constructed with efficiency in mind, this condo has been thoughtfully remodeled in 2017, showcasing modern aesthetics and functionality. The interior features two spacious bedrooms and one well-appointed bathroom, perfect for small families or professionals. The open-plan living area is bathed in natural light, with durable hardwood flooring that extends throughout the home. The kitchen, practical and stylish, features updated cabinetry and ample counter space, making meal preparation a breeze. This property is currently tenanted, with a reliable tenant in place paying $850 per month. New lease starting May 1st rent will increase $1,100. The tenant's lease is up-to-date, ensuring immediate income generation for potential investors. This arrangement underscores the property's viability as an excellent passive income. No showings until after an accepted offer. Tenant occupied. NO LAND CONTRACT, NO SELLER FINANCING
General Information
Sale Price: $72,900
Price/SqFt: $77
Status: Active
MLS#: 58050167971
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: wayne county condo plan 71 allens woods
Acres: 0
Bedrooms:
Bathrooms: (1 full)
House Size: 941 sq.ft.
Acreage:
Year Built: 1954
Property Type: Condo
Style: Colonial
Features & Room Sizes
Bedroom: 15.00 x 10.00
Bedroom: 10.00 x 10.00
Bath - Full: 8.00 x 5.00
Dining Room: 10.00 x 5.00
Kitchen: 10.00 x 5.00
Living Room: 10.00 x 7.00
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $914
Est. Winter Taxes: $0
HOA fees: 1
HOA fees Period: Monthly
Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2012. W CHICAGO APT 18WAYNE COUNTY CONDOMINIUM SUB PLAN NO 71 AKA ALLENS WOODS CONDO L18225 PGS 298-320 DEEDS, W C R 22/855 5.323%
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and MiRealSource, ©2025 Realcomp II Ltd. Shareholders
Listing By: Sotero Lopez II of EXP Realty LLC, Phone: (269) 600-4397
