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$15,000
Est. payment /mo
2 Baths
1,920 SqFt
New
7360 Georgia Street Detroit, MI 48213 2159
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $7
Subdivision Mi
MLS Listing ID 61012863
Style 2 Story
Full Baths 2
Year Built 1920
Annual Tax Amount $940
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30X90
Property Sub-Type Multi-Family
Property Description
Great investment opportunity! DLBA-owned **two-family duplex** located at **7360 Georgia St** in Detroit's **Airport Sub** community. This spacious property features **two separate units, each offering 3 bedrooms and 1 bathroom (3-bedroom upper unit and 3-bedroom lower unit)**, presenting an excellent opportunity for renovation, rental income, or owner-occupancy with additional income potential. Conveniently located near major freeways, shopping, dining, schools, parks, and other neighborhood amenities, with easy access to Downtown Detroit, the I-94 corridor, and Detroit Metropolitan Wayne County Airport. The area continues to benefit from public and private investment, neighborhood stabilization efforts, and ongoing redevelopment. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department. Property is sold as-is. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. Certain tax abatements, lot combinations, or assemblages may require DLBA review and approval. Buyer to verify all information.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Poured
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Wood
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash

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Listed by Atlas Properties Inc
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