4404 Helen Street
Detroit, MI 48207

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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.

Features

• Property Type: Residential Lots & Land
• Sub Type: Residential Lots & Land
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48207
• Subdivision/Neighborhood: Mills Sub No 4 (Plats)
• School District: Detroit
• Lot Size: 14810 sq ft lot
• Directions: W. E. Grand Blvd, N. of E. Canfield
• List Price Acre: 39705.88
• Lot Size Area: 0.34
• Lot Size Square Feet: 14810
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Land
• Parcel Number: 150088623
• Road Frontage: 90
• Tax Legal Description: E HELEN 28 & 27 S 7 FT OF 26 MILLS SUB NO 4 L28 P8 PLATS, W C R 15/44 90.17 IRREG