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$ 15,000
Est. payment | /mo
2 Baths
2,613 Sqft Lot
$ 15,000
Est. payment | /mo
2 Baths
2,613 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261055739
HOA Y/N true
Year Built 1920
Annual Tax Amount $940
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 30X90
Source Realcomp
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
Zoning Residential
Direction S of Mack Ave, E of: Van Dyke Ave
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W15I001693S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Atlas Properties Inc
NEARBY SCHOOLS & PROPERTIES
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