4404 helen, detroit, MI 48207

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.

Information provided by East Central Association of REALTORS^® Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Natasha Richards of Bellabay Realty Tri Counties, Phone: 248-274-6614