9521 Brace Street
Detroit, MI 48228
- 2 beds
- 1 bath
- 1,882 sqft
- $38 per sqft
- 1954 build
- – on site
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
Last checked:
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Checking…
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Last updated Mar 6, 2025
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MLS# 58050167971 —
The Building
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Year Built:1954
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Construction Materials:Brick
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Architectural Style:Colonial
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Levels:Two
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, BrickMortar
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Building Area Source:Assessor
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Above Grade Finished Area:941.0
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Above Grade Finished Area Source:Assessor
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Below Grade Total Area:464
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Below Grade Finished Area:941.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:1882.0
Location
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Cross Street:S of Evergreen / W of Chic
The Property
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Parcel Number:W22I004244S
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Property Type:Residential
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Property Subtype:Condominium
Listing Agent
- Contact info:
- Agent phone:
- (269) 600-4397
- Office phone:
- (269) 600-4397
Taxes
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Tax 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%
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Tax Annual Amount:914.0
Beds
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Total Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer, SewerAtStreet
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:WAYNE COUNTY CONDO PLAN 71 ALLENS WOODS
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Pool Features:None
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Waterfront:false
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Association:true
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Association Fee Frequency:Monthly
Parking
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Garage:false
IDX provided courtesy of Realcomp II Ltd., via Estately and MiRealSource, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$72,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$390
|
| Taxes | $76 |
| Insurance | $20 |
| Utilities | $136 See report |
| Total | $622/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
|
Listed / Active | REALCOMP | $72,900 |
