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2641 Trumbull Street, Detroit, Mi 48216

$400,000
  • 2641 Trumbull Street, Detroit, Mi 48216 Main Photo

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(Short Sale) - Pending
LOT SIZE 0.130 acres MLS#20251012884
STATUS(Short Sale) - Pending PROPERTY TYPELand - Residential SUBDIVISIONB L K 94 W I L L I A M L W O O D B R I D G E S S U B SCHOOLDetroit

Property Description

Prominently located in North Corktown, this 1.6-acre development site offers more than 248 feet of frontage along Trumbull Avenue. The property includes conceptual plans for an 80-unit apartment building and is ideally positioned within walking distance to Corktown and Ford's Michigan Central Station, which recently unveiled its transformative $740 million renovation. Ford's Corktown Campus is projected to bring over 5,000 new jobs to the area, creating demand for approximately 1,100 new residential units-making this an ideal opportunity for residential development. The seller has completed an ALTA survey, Phase I and II environmental assessments, and a Baseline Environmental Assessment (BEA). Additional adjacent parcels may be available through the Detroit Land Bank Authority, offering further potential for expansion. Includes Parcels: 2641 Trumbull, 2629 Trumbull, 2601 Trumbull, 1530 Pine, 1540 Pine, 1544 Pine, 1550 Pine, 1558 Pine, 1564 Pine, 1580 Pine, 1547 Spruce, 1549 Spruce, 1551 Spruce, 1563 Spruce, 1571 Spruce, 1577 Spruce. Landbank Parcels 2623 Trumbull, 2609 Trumbull, 1568 Pine. Highest and best. The Seller has received multiple offers on the property and will be conducting a Highest and Best process. All final offers are requested by Wednesday, July 15.

2641 Trumbull Street | MLS# 20251012884

This land located at 2641 Trumbull Street, Detroit, Mi 48216 is currently listed for sale with an asking price of $400,000. The property has approximately 0.13 Acres. Trumbull Street is located within the Detroit school district. Search Detroit real estate on www.ikeyrealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.13 Acres
Taxes: $114

Feature Descriptions

Days on Site: 398
Lot Dimensions: 430x250
Parcel#: 08005950
Sewer: Public Sewer
Summer Tax: 51
Water: Public
Winter Tax: 63

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: O'Connor Realty Detroit, LLC
Agency Phone: 3139639891

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 2,363.65 per month $2,237.49 Principal & Interest $9.50 Property Tax $116.67 Homeowner's Insurance

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