$22,500
8034 georgia street, detroit, MI 48213
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
General Information
Price: $22,500
Price/SqFt: $6
Status: Active
MLS#: 20250023219
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: weber & martins sub
Acres: 0.12
Lot Dimensions: 45.00 x 115.00
Bedrooms:0
Bathrooms:4 (4 full, 0 half)
Size: 4,088 sq.ft.
Acreage: 0.12 est.
Year Built: 1922
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
Est. Summer Taxes: $53
Est. Winter Taxes: $7
Est. Winter Taxes: $7
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Gene Kelley II of Real Estate One-Southfield, Phone: (248) 723-0055