4 months on rocket

20028 Gallagher St, Detroit, MI, 48234

$97,900

Home List Price

$1,163*

Closing Credit

3 Bedrooms
1 Full Bath
1,020 SqFt
$96/SqFt
House

Location

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20028 Gallagher St, Detroit$97,900

Buyer Closing Credits

$1,163*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1948
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240052028
Lot Size0.09 Acres
StatusActive

About 20028 Gallagher St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Stories: 1
  • Living Area: 1,020 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: David Rabior

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: South of 8 mile East of Ryan

Price Information

Listing Price Info

Price Summary:

  • List Price: $97,900
  • Price Per SqFt: $96/SqFt

Tax Information:

  • Annual Amount: $1,416
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

20028 Gallagher St vs Detroit

126 DAYS ON ROCKET

+81 Days

$97,900

+$12.9K More

$96/SqFt

+$22 More

KEY TAKEAWAY

This property is $12.9K more than the Median Sold Price and $22/SqFt more than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240052028

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: David Rabior

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,416$11,900
2020$893$10,300
2018$893$7,600
2017$889$7,400

History based on county public records data.

Payment Calculator

$556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$360

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-834621
2
/10

  • Mound Park Elementary School

  • 5356 Toepfer Rd

  • 1.32 miles

  • Public District Grades KG-5

school-card-donut-834622
2
/10

  • United Oaks Elementary School

  • 1001 E Harry Ave

  • 1.62 miles

  • Public District Grades KG-5

school-card-donut-834623
2
/10

  • Westview Elementary School

  • 24077 Warner Ave

  • 2.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,429. The majority of Detroit, MI residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20028 Gallagher St

What is the listing price of this property?

The listing price of 20028 Gallagher St property is $97,900.

What type of property is this?

The property 20028 Gallagher St is a house located in Detroit, Michigan, 48234.

Is this property for sale now?

Active Listing: 20028 Gallagher St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,416 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 20028 Gallagher St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 20028 Gallagher St is 1,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20028 Gallagher St is 1948.

Rocket Homes›Michigan›Wayne County›Detroit›48234›20028 Gallagher St

This home is located at 20028 Gallagher St in Detroit, MI and zip code 48234 in the Pershing neighborhood. This 1,020 square foot home, which was built in 1948, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $97,900.

While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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