4404 HELEN ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48207
Key Details
Property Type Vacant Land
Sub Type ImprovedLand
Listing Status Active
Purchase Type For Sale
Subdivision Mills Sub No 4 (Plats)
MLS Listing ID 20240071564
Property Sub-Type ImprovedLand
Property Description
Great residential infill opportunity offer by the Detroit Landbank Authority located close to the downtown area at Gratiot and E. Grand Blvd. 2 lots to be sold together, 4404 & 4424 Helen, 23,690 square feet combined, cannot be sold separately. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.
Location
State MI
County Wayne
Area Area05052Det6Macki75Conner
Exterior
View Y/N No
Building
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition GovernmentOwned, ShortSaleNo