497 Neff

Grosse Pointe, MI 48230
  • $465,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 2,467

    SqFt

About the Listing 10087 - 26689

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. 1st floor has been leased for $1,850.00. 2nd floor is currently leased at $1,800/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.

Listing Highlights for 497 Neff

Status Active
Days on Site 94
Property Type Multi-Family
MLS ® 50183735
Year Built 1942
Total Square Footage 2,467
Lot/Acreage 0.21

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces: LivRoom Fireplace
  • Floor:
  • Above Ground Sq Ft: 2467
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: First Flr Bath Lav/Half,Second Flr Bath Lav/Half,Formal Dining Room
  • Water: Public Water

Exterior Details

  • Garage Capacity: 3 car
  • Lot Dimensions: 59 x 155
  • Roof:
  • Others:
  • Sewer: Public Sanitary
  • Parking Features: Detached Garage,Garage

Financial Details

  • Tax Amount: $8,136
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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497 Neff Grosse Pointe, MI 48230

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Originating MLS: MiRealSource

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