8034 GEORGIA Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213 2147
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,088 sqft
Price per Sqft $5
Subdivision Mi
MLS Listing ID 60382584
Style 2 Story
Full Baths 4
Year Built 1922
Annual Tax Amount $60
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 45.00 x 115.00
Property Sub-Type Multi-Family
Property Description
Welcome to the latest offering from the Detroit land Bank Authority. 4 unit Brick Quadruplex located in a growing neighborhood on the East side of Detroit. Each unit has 2 bedrooms and one bath. The property needs a major rehab and has been mostly gutted and prepped for renovation. Sale also includes a vacant lot located at 8024 Georgia. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Government Owned
Energy Description Natural Gas
Financing Cash