497 Neff Road Active Save Request In-Person Tour Request Virtual Tour
Grosse Pointe,MI 48230
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,467 sqft
Price per Sqft $188
Subdivision Mi
MLS Listing ID 50183735
Style 2 Story
Bedrooms 4
Full Baths 2
Year Built 1942
Annual Tax Amount $8,135
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 59 x 155
Property Sub-Type Multi-Family
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 (82335)
Rooms
Dining Room Formal Dining Room
Kitchen Formal Dining Room
Interior
Heating Forced Air
Cooling Central A/C
Fireplaces Type LivRoom Fireplace
Fireplace Yes
Appliance Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Exterior
Exterior Feature Brick
Parking Features Detached Garage
Garage Spaces 3.0
Amenities Available Park,Playground,Pool/Hot Tub,Tennis Courts
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Grosse Pointe Public Schools
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.fullscreenphotos.com/aca7f