Detroit Land Bank Opportunity – Fitzgerald/Marygrove Neighborhood
📍 Detroit, MI | 3 Bedrooms | 1 Bathroom | Investor Special | Sold As-Is
Don’t miss this promising bungalow-style home located in the heart of the Fitzgerald/Marygrove neighborhood—one of Detroit’s most active revitalization zones! Whether you’re an investor or a future homeowner with vision, this property offers a solid opportunity to be part of Detroit’s comeback story.
🛏️ Property Features:
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3 bedrooms
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1 full bathroom
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Classic bungalow layout with plenty of space to renovate and customize
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Located near local parks, schools, and the University of Detroit Mercy
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Minutes from vibrant redevelopment efforts in the Fitzgerald Revitalization Project
💡 Why Invest Here?
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Strong potential for value growth as neighborhood improvements continue
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Close-knit community with active investment from local and city partners
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Ideal for rental portfolio expansion, first-time buyer renovation, or resale
⚠️ Important Notes – DLBA Sale Terms:
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Sold As-Is: The property is being offered in its current condition
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Tax Capture Notice:
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The Detroit Land Bank Authority (DLBA) retains the right to a tax capture for five tax years following transfer of ownership
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This tax capture may conflict with certain tax abatements
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DLBA may consider waiving the tax capture upon request, which could include a payment in lieu of taxes (PILOT)
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🛠️ Bring your vision, your contractor, and your commitment to Detroit’s future!
📞 Contact us today for more information or to submit your offer.
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From Zillow