9521 Brace St - 9521 BRACE Street, Detroit 48228 941 SF Specialty Building Offered at $54,900 at a 21.98% Cap Rate in Detroit, MI 48228

Turn-Key Cash-Flow Machine in Detroit’s Steady Rental Market – 9521 Brace Street, Detroit, MI 48228
(Vacant now. Tenant moved out) 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!