17946 GALLAGHER Street

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17946 GALLAGHER Street

Detroit, Michigan 48212

4 beds | 2 baths | 1,735 sqft | 0.07 acres | MLS# 20221030967

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

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

FACTS

Full Baths: 2 Lot Size: 0.07 acres Style: Bungalow School District: Detroit County: Wayne Status: Sold Listing Type: Residential Year Built: 1926 Stories: 2 Story Heating: Hot Water,Wall/Floor Furnace

FEATURES

Garage Size: No Garage Sewer: Sewer at Street Exterior: Other Directions: Conent & Nevada

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