5045 Trumbull St, Detroit, MI 48208

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Sold Price
$600,000
List Price
$750,000

Property Description

Located on Trumbull Avenue in the heart of Woodbridge directly across the street from Wayne State University, this sale includes a brick duplex, a brick commercial building, parking lot, and two ga- rage structures. Both buildings were built in 1910, and the duplex features two two-bedroom apart- ments with an unfinished basement and a skywalk connecting the buildings on the second floor. 5045 Trumbull was built as a stately single-family home and has since been converted into a com- mercial building, housing a former funeral home. The building features original character with beau- tiful intricate woodworking, and has potential to be converted back to a single-family home or a multi-family apartment building. A parking lot and two brick garages are included in the sale. Zoned R-3, which allows for low-density multi-family developments, the property occupies more than 120 feet of Trumbull Avenue frontage. With property values in Woodbridge continuing to steadily in- crease as new businesses open, this portfolio presents a great investment opportunity in a strong Detroit neighborhood.

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Courtesy of O'Connor Realty Detroit, LLC 3139639891

Selling Office: O'Connor Realty Detroit, LLC.