Detroit, MI 48221,16503 Ohio Street
Detroit, MI 48221,16503 Ohio Street
Detroit, MI 48221,16503 Ohio Street
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$59,000
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4 Beds
2 Baths
2,154 SqFt
New

16503 Ohio Street Detroit, MI 48221

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

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

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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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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16503 Ohio Street