#20240089899, Fay Salmaci, Listing Office: ARG Realty
$950
closing credit¹
9521 Brace St Detroit, MI 48228
Property details
About 9521 Brace St
ATTENTION INVESTORS: Looking for a cash flowing $850 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, Inclusive of all utilities. 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.
Highlights
Summary
- MLS Number: 20240071503
- MLS Name: Realcomp II Ltd
- Office Name: EXP Realty Main
- Office Phone: (888) 501-7085
- Listing Agent: Sotero M Lopez II, Janella Adams
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Last updated on: 2/4/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$80,000
9521 Brace St
$950
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
1
Mann Learning Community
Public District KG-5
0.6 mi
•19625 Elmira St
2
Gardner Elementary School
Public District KG-5
2.1 mi
•6528 Mansfield St
6
River Oaks Elementary School
Public District PK-5
2.3 mi
•20755 Ann Arbor Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,583. The majority of Detroit, MI residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 9521 Brace St
This home is located at 9521 Brace St in Detroit, MI and zip code 48228 in the West Central neighborhood. This 941 square foot home, which was built in 1954, sits on a 0.04 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $80,000.
Over 76 listings were sold over their listed price in January 2025 in Detroit, MI. In the same period over 192 listings were sold below the listed price and 63 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between December and January 2025 increased by 8.7%. In January 2025 median list price was $87,445 and the average listing age was 58 days.