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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
8
Photos
2
beds
1
bath
941
sqft
Built in
1954
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
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Hot water, Natural gas
Exterior
- Style:
- Colonial
- Pool:
- None
- Parking:
- No garage
Construction
- General:
- Brick, Two, Basement, Brick mortar
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- 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%, W22I004244S
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
EXP Realty LLC, Sotero M Lopez II
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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