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7360 Georgia Street, Detroit, Mi 48213

$15,000
  • 7360 Georgia Street, Detroit, Mi 48213 Main Photo

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(Short Sale) - Active
BEDS0 BATHS2 full SQUARE FEET1,920 MLS#20261055739
STATUS(Short Sale) - Active PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONE P S T E A N S G E O G V A N D Y K E P A R K 2 SCHOOLDetroit

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.

7360 Georgia Street | MLS# 20261055739

This multi-family property located at 7360 Georgia Street, Detroit, Mi 48213 is currently listed for sale with an asking price of $15,000. Georgia Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Duplex
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $940
Year Built: 1920

Feature Descriptions

Accessibility: OtherAccessibilityFeatures
Days on Site: 10
Exterior: Wood Siding
Lot Dimensions: 30X90
Parcel#: W15I001693S
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 548
Units: 2
Water: Public
Winter Tax: 392

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Atlas Properties Inc
Agency Phone: 3135982566

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 166.61 per month $83.91 Principal & Interest $78.33 Property Tax $4.38 Homeowner's Insurance

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