497 Neff Road new Save Request In-Person Tour Request Virtual Tour
Grosse Pointe,MI 48230
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Active
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $188
Subdivision The C Neff Estate Sub
MLS Listing ID 58050183735
Style Colonial
Full Baths 2
Year Built 1942
Annual Tax Amount $8,135
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 59 x 155
Property Sub-Type Colonial
Source MiRealSource
Property Description
Welcome to this prime two-family investment property offering exceptional income potential in a desirable neighborhood. Each spacious unit features two bedrooms, full bath, living room with fireplace, formal dining room, kitchen and Florida room off the rear. Second floor unit has small den off the living room. The open basement offers laundry facilities and additional storage. 2nd floor is currently leased at $1,800/month, first floor is vacant, but has been leased previously for $1,700/month. Situated on a 59 x 155 lot, this property provides off-street parking, a large backyard, and a three car garage, enhancing tenant appeal. Both units are metered separately for gas/electric utilities, tenants pay utilities and landlord pays the water. Perfectly positioned just minutes from the Village for shopping and dining, and the residents-only lakefront park with swimming pool, marina, kayak launch, playground, splash pad and picnic area, this property offers excellent access to city amenities and employment hubs with just a short distance to Downtown Detroit. Whether you're looking to expand your rental portfolio or seeking a live-in investment, this property delivers reliable returns and future value appreciation. Don't miss your chance to acquire a versatile, high-demand asset-schedule a private tour today! Seller to provide C of O.
Location
State MI
County Wayne
Area Grosse Pointe
Interior
Heating Forced Air,Separate Meters
Cooling Central Air
Fireplace yes
Heat Source Natural Gas
Exterior
Exterior Feature Tennis Court,Pool – Community,Playground
Garage no
Private Pool Yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Grosse Pointe
Others
Pets Allowed Yes
Tax ID 37002030015001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Virtual Tour https://www.fullscreenphotos.com/aca7f