16503 Ohio Street Active

Detroit,MI 48221

$ 59000

4 Beds

1.5 Baths

2154 SqFt


Key Details

Property Type Single Family Home

Sub Type Bungalow

Listing Status Active

Purchase Type For Sale

Square Footage 2,154 sqft

Price per Sqft $27

Subdivision Puritan Heights Sub

MLS Listing ID 20251038952

Style Bungalow

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N no

Year Built 1928

Annual Tax Amount $439

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X114

Property Sub-Type Bungalow

Source Realcomp II Ltd

Property Description

4 Bed Brick Bungalow in the Opportunity in Fitzgerald/Marygrove Neighborhood – Detroit Land Bank Owned
Fantastic 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 Det 6-Tire - Grnfld - Livernois

Direction Wyoming and 6 Mile

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Parking Features Detached

Garage Description 2 Car

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Bungalow

Warranty No

Level or Stories 1 1/2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W16I034240S

Ownership Government Owned,Short Sale - No

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

View More
Favorite Go Tour