MI
Wayne
Grosse Pointe City
48230
497 Neff Road
497 Neff Road, Grosse Pointe City, MI 48230
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Listing Type
Multi Family
Listing Status
Active
29
$465,000

Home Details for 497 Neff Road

Price
$465,000
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
2467
Year built
1942
Lot size acres
0.21
County
Wayne
Garage
3
Days on site
175
MLS Listing#
58050183735
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. 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.

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Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
    • Separate Meters
  • Parking
    • Detached
    • Garage
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Fire Place
    • Living Room
Listing Courtesy: Beline Obeid Realty - 313-343-0100
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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