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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 465,000

Est. payment -/mo

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497 Neff Road Grosse Pointe, MI 48230

2 Baths

2,467 SqFt

UPDATED:

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

Listed by Beline Obeid of Beline Obeid Realty

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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