16503 Ohio ST Pending

Detroit,MI 48221

$ 59000

4 Beds

2 Baths

2154 SqFt


Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Pending

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

Year Built 1928

Property Sub-Type SingleFamilyResidence

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 Area05042Det6Tiregrnfldlivernois

Interior

Heating ForcedAir, NaturalGas

Exterior

Parking Features TwoCarGarage,Detached

Garage Spaces 2.0

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition GovernmentOwned, ShortSaleNo

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