9521 Brace Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 941 sqft
Price per Sqft $77
Subdivision Wayne County Condo Plan 71 Allens Woods
MLS Listing ID 50167971
Style 2 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 941
Year Built 1954
Property Sub-Type Condominium
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
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement Unfinished
Interior
Heating Forced Air
Exterior
Garage No
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Colonial
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional Blend,FHA,VA