8245 BRACE Street, Detroit, MI 48228

$65,900 Asking Price

3 beds
1 bath
864  sqft
Built in 1943

Must See! Turn-key cash flowing 3-bedroom 1-bathroom ranch on Detroit's West Side located in the Warrendale neighborhood. Section 8 tenant paying $964/month expiring on 5/24/2024. Room for rent increase once current lease expires and buyer will have instant equity. This area has seen tremendous growth in value. PLEASE DO NOT DISTURB TENANT. The accuracy of all information, regardless of the source, is not guaranteed or warranted. All information should be independently verified.


Features & Amenities

Interior

General:
Cable Available,High Spd Internet Avail
Basement:
Unfinished
Heating:
Forced Air, Natural Gas

Exterior

General:
Lighting
Style:
Ranch

Construction

Roofing:
Asphalt
General:
Aluminum,Stone, 1 Story, Basement

Location

Road/Access:
Paved
School District:
Detroit
County:
Wayne

Lot

Zoning:
W BRACE S 30 FT 241 N 11 FT 240 BONAPARTE PARK SUB L49 P99 PLATS, W C R 22/262 41 X 109, W22I081194S
Fencing:
Fence Allowed

Utilities

Water:
Public
Sewer:
Sewer-sanitary

This listing courtesy of:
RE/MAX First, Mark Poloney

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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