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Grosse Pointe, MI 48230,497 Neff Road
Grosse Pointe, MI 48230,497 Neff Road
Grosse Pointe, MI 48230,497 Neff Road
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$465,000
Est. payment /mo
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4 Beds
2 Baths
2,467 SqFt
Active

497 Neff Road Grosse Pointe, MI 48230

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Tracy Butcher

Tracy Butcher

+1(810) 428-7092

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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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Beline Obeid Realty

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agent

Tracy Butcher

Associate Broker - Non-Principal | License ID: 6506049127

+1(810) 428-7092

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497 Neff Road