497 Neff Road, Grosse Pointe, Michigan 48230

$465,000

Property Details

MLS#: 58050183735
Bedrooms: 4
Bathrooms: 2
Square Feet: 2,467
Price per Sqft: $188
Lot Size: 0.21 acres
Year Built: 1942
Property Type: ResidentialIncome
Status: Active
Days on Market: 168

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.

Location

This property is located in Grosse Pointe, Michigan. Grosse Pointe is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 497 Neff Road?

497 Neff Road is listed at $465,000, or $188 per square foot.

How many bedrooms does 497 Neff Road have?

This property has 4 bedrooms and 2 bathrooms, with 2,467 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

Similar Homes for Sale in Grosse Pointe

42 Cranford Lane, Grosse Pointe — $449,000 · 4bd · 2ba · 1,810sqft
25 VILLAGE Lane, Grosse Pointe — $435,000 · 3bd · 1ba · 1,792sqft
345 Roosevelt Place, Grosse Pointe — $500,000 · 3bd · 2ba · 1,837sqft
74 Pointe Park Place, Grosse Pointe — $404,900 · 3bd · 2ba · 1,658sqft
47 Cranford Lane, Grosse Pointe — $370,000 · 4bd · 2ba · 2,200sqft
741 Briarcliff Drive, Grosse Pointe — $574,900 · 5bd · 3ba · 5,061sqft
775 Notre Dame Street, Grosse Pointe — $349,000 · 3bd · 2ba · 1,463sqft
2371 Allard Avenue, Grosse Pointe — $339,000 · 5bd · 2ba · 2,208sqft