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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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7360 Georgia St , Detroit, MI 48213
$15,000
Est. Payment: $33.33/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 59
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376211 - 297897
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House 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.

Highlights

Listed by Adam Hage , 313-598-2566 Atlas Properties Inc , 313-598-2566.

Property Type

Multi-Family

Lot/Acreage
0.06

HOA Fee

Year Built

1920

County

Wayne

School District

Detroit

Listing ID

20261055739

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Principal Interest
$33
Taxes
$78
HOA
$0

Home Price

$15,000

Loan Details

30 yrs
%

Down Payment

20%
$3,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$33.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $33.33 $78.33 $0.00 $111.67
Yearly $400.00 $940.00 $0.00 $1,340.00
Total $12,000.00 $28,200.00 $0.00 $40,200.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.