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$15,000
Est. payment /mo
2 Baths
1,920 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $7
Subdivision Epsteans Geo G Van Dyke Park 2
MLS Listing ID 20261055739
Style Duplex
Full Baths 2
Year Built 1920
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type MultiFamily
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.
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 Area05052Det6Macki75Conner
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo
Pets Allowed Yes
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Listed by Adam Hage of Atlas Properties Inc
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