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$59,000
Est. payment /mo
4 Beds
2 Baths
2,154 SqFt
Pending
16503 Ohio Street Detroit, MI 48221
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,154 sqft
Price per Sqft $27
MLS Listing ID 20251038952
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1928
Annual Tax Amount $439
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X114
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
4 Bed Brick Bungalow in the Opportunity in Fitzgerald/Marygrove Neighborhood – Detroit Land Bank OwnedFantastic opportunity to restore this 4 Bed Brick Bungalow property in the Fitzgerald/Marygrove neighborhood of Detroit. How to Apply:Interested buyers must submit a proposal that includes:1. Project Proposal (intended use of structure + timeline)2. Proof of Funds (bank statement or lender letter)3. Scope of Work (breakdown of renovation costs)4. Proof of Previous Projects: (include addresses and photos)Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Wyoming and 6 Mile
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I034240S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"Other":true}
Listed by Keller Williams Realty-Great Lakes
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