5045 Trumbull Pending

Woodbridge
$750,000

Details

8,894 Square Feet Built In 1910

Griffin Krebsbach
734 355 0660
griffin@oconnordetroit.com

James Tumey
586 419 6271
jtumey@oconnordetroit.com

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 garage structures. Both buildings were built in 1910, and the duplex features two two-bedroom apartments 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 commercial building, housing a former funeral home. The building features original character with beautiful 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 increase as new businesses open, this portfolio presents a great investment opportunity in a strong Detroit neighborhood.

Zoning: R-3