16503 Ohio, Detroit, MI
Local realty services provided by:CENTURY 21 Realty North
16503 Ohio,Detroit, MI
$59,000
- 4 Beds
- 2 Baths
- 2,154 sq. ft.
- Single family
- Pending
Listed by: erick monzo
Office: keller williams realty-great lakes
MLS#:60940319
Source:MI_REALSOURCE
Price summary
- Price:$59,000
- Price per sq. ft.:$27.39
About this home
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.
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Home facts
- Year built:1928
- Listing ID #:60940319
- Added:81 day(s) ago
- Updated:December 17, 2025 at 10:50 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:2,154 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1928
- Building area:2,154 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$59,000
- Price per sq. ft.:$27.39
- Tax amount:$440
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