9521 Brace ST, Detroit, MI 48228 - MLS#58050196523 - Jim Willis

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Jim Willis

jwillis@millerteamrealtors.com +1(810) 201-6924

$72,900

Est. payment - /mo

2 Beds

1 Bath

1,882 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,882 sqft

Price per Sqft $38

Subdivision Wayne County Condo Plan 71 Allens Woods

MLS Listing ID 58050196523

Style Colonial

Bedrooms 2

Full Baths 1

Year Built 1954

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Condominium

Property Description

One Unit Turn-Key Cash-Flow Machine in Detroit's Steady Rental Market "" 9521 Brace Street, Detroit, MI 48228 Investors, here's the hassle-free income property you've been searching for "" one that's already working hard for its next owner. This solid brick duplex unit comes with an outstanding tenant who has faithfully paid $1,100 on time every month for nearly two years and shows no signs of leaving. That's $13,200 in dependable gross annual revenue starting the day you close "" zero vacancy, zero rehab, just pure cash flow from the moment the keys are yours. The home itself is a clean, move-in-ready 2-bedroom, 1-bath layout spanning 941 sq ft, thoughtfully updated in 2017 with fresh, modern finishes that still shine. Beautiful hardwood floors flow throughout, natural light pours into the open living spaces, and a private basement delivers bonus storage or future value-add potential. Separate utilities keep your carrying costs low "" the tenant pays their own gas and electric. Location couldn't be stronger: directly across from Cody High School in the heart of the Franklin Park neighborhood, where teachers, hospital staff, and families create constant rental demand. Quick access to I-96, Southfield Freeway, major employers, and everyday shopping makes this spot a renter's favorite year after year. As a condominiumized unit, you own only this income-producing side while enjoying the benefits of duplex living without the full-building headaches. Ideal for expanding your portfolio, 1031 exchanges, or anyone who wants truly passive income backed by a proven nearly-two-year payment history. Clean, tenanted, updated, and already profitable "" opportunities this turn-key don't come around often. Contact us today for rent rolls, lease details, and your private showing. Serious investors only "" 9521 Brace Street is ready to start padding your bottom line immediately. Don't let this one slip away!

Location

State MI

County Wayne

Area Area05034Detjoyschoolcraftgrnfldlimits

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

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Listed by Sotero Lopez II of EXP Realty LLC

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Jim Willis

+1(810) 201-6924

Agent | Brerms:274322

Agent Brerms:274322

9521 Brace ST Detroit, MI 48228

Jim Willis

Key Details

Location

Interior

Exterior

Building

Schools

Others

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