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About the Listing 104455 - 625478
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.
Listing Highlights for 16503 Ohio
Status
Active
Days on Site
37
Property Type
Residential
MLS ®
60940319
Year Built
1928
Total Square Footage
2,154
Lot/Acreage
0.09
County
Wayne
Neighborhood
Puritan Heights Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 4
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2154
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 2 car
- Lot Dimensions: 35X114
- Roof:
- Others:
- Sewer:
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $440
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
16503 Ohio Detroit, MI 48221
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