7360 Georgia Street, Detroit, Michigan 48213

$15,000

Property Details

MLS#: 20261055739
Bedrooms: N/A
Bathrooms: 2
Square Feet: 1,920
Price per Sqft: $8
Lot Size: 0.06 acres
Year Built: 1920
Property Type: ResidentialIncome
Status: Active
Days on Market: 2

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 7360 Georgia Street?

7360 Georgia Street is listed at $15,000, or $8 per square foot.

How many bedrooms does 7360 Georgia Street have?

This property has N/A bedrooms and 2 bathrooms, with 1,920 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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