Detroit, MI 48212 1093,17946 GALLAGHER Street
Detroit, MI 48212 1093,17946 GALLAGHER Street
Detroit, MI 48212 1093,17946 GALLAGHER Street
47
$113,000
$125,000
9.6%
Est.Price: ?

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1,735 SqFt

17946 GALLAGHER Street Detroit, MI 48212 1093

Est. payment /mo
SOLD DATE : 12/06/2022

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Key Details

Sold Price $113,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,735 sqft

Price per Sqft $65

Subdivision Mi

MLS Listing ID 60129773

Sold Date 12/06/22

Annual Tax Amount $921

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 30.00 x 97.00

Property Description

PLEASE CALL/text Marta at 7343016553 LOCATED INSIDE THE INFAMOUS TOWN OF HAMTRAMCK YOU WILL FIND 17946 GALLAGHER NESTLED ON A 3100 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED 2 BED ROOM UNITS. WHILE BOASTING A BRAND NEW ROOF WITH 40 YEAR HIGH DEFINITION SHINGLES. EACH UNIT HAS BEEN UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND HARDWOOD FLOORS. THE UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE PAID BY SECTION 8 AS FOLLOWS: $1241 AND $1200. BOTH 2 YEAR LEASES JUST STARTED LAST MONTH.THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN A NEAR 25% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO LESS THAN $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. HIGHEST AND BEST MONDAY AT NOON.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Exterior

Waterfront No

Building

Water Public Water at Street

Structure Type Other

Others

Ownership Private

Assessment Amount $240

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Discover Real Estate
Bought with Discover Real Estate

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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