20028 Gallagher Street
Detroit, MI 48234
- 3 beds
- 1 bath
- 1,020 sqft
- 3,920 sqft lot
- $96 per sqft
- 1948 build
- – on site
Attention investors! Take a look at this fully performing section 8 rental. This property is located on a great street right off of 8 Mile on Detroit's Eastside. The current rent is $1107 and the lease is still in place until November of 2024. This property needs nothing. You can just buy it and start collecting rent right away. If you are looking for an asset to deliver passive income, as well as appreciation; you have found the right property! Let's make a deal....Please no showings without an accepted offer. Do not disturb the tenant.
Last checked:
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Checking…
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Last updated Oct 27, 2024
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MLS# 20240052028 —
The Building
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Year Built:1948
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Construction Materials:Brick
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Architectural Style:Bungalow
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Foundation:Block
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Foundation Details:Basement
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Entry Location:Ground Level w/Steps
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Stories:1 1/2 Story
Interior
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Room Count:7
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Basement:Yes
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Basement Type:Unfinished
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Fireplace:No
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Total:1,020 Sqft
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Total Combined:1,020 Sqft
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Total Basement:816 Sqft
Financial & Terms
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Land Contract:No
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Short Sale:No
Location
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Directions:South of 8 mile East of Ryan
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Directions From North South Detail:8 mile and Ryan
The Property
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Property Type:Residential
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Parcel Number:W13I023236S
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Homestead:No
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Lot Size Dimensions:40.00 x 100.00
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Lot Size Area:0.09
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Frontage Feet:40
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Pool:No
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Waterfront:No
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (586) 260-4346
- Office phone:
- (313) 974-1830
Taxes
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Total Taxes:$1,600
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Taxable Value:15750.0000
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Tax Amount Summer:$1,452
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Tax Amount Winter:$148
Beds
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Beds Total:3
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Warranty:No
Heating & Cooling
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Heating:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer:Sewer at Street
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Water Source:Community
Schools
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School District:Detroit
The Community
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Subdivision Name:MELIN SUB (PLATS)
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Assessment:240.00
Parking
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Garage:No
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Garage Size:No Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 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. ©2024 Realcomp II Ltd. Shareholders.
Monthly cost estimate
Asking price
$98,000
| 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. |
$524
|
| Taxes | $133 |
| Insurance | $26 |
| Utilities | $148 See report |
| Total | $831/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 |
|---|---|---|---|---|
|
9/4/24
Sep 4, 2024
|
Price Changed | REALCOMP | $98,000 | -6.7% |
|
7/19/24
Jul 19, 2024
|
Listed / Active | REALCOMP | $105,000 |
