497 Neff Rd Grosse Pointe, MI 48230
Property Features for 497 Neff Rd
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1942
Source:
Elliman
Listing Agent: Beline Obeid
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Two-Family Investment Property For Sale
This two-family property presents an investment opportunity in a desirable neighborhood. Each unit features two bedrooms, a full bath, a living room with a fireplace, a formal dining room, a kitchen, and a Florida room at the rear. The second-floor unit also includes a small den off the living room. The open basement provides laundry facilities and additional storage space. The property, situated on a 59 x 155 lot, includes off-street parking, a large backyard, and a three-car garage. Both units are separately metered for gas and electric utilities; tenants are responsible for these utilities, while the landlord covers water expenses. The property is located minutes from the Village for shopping and dining, and a residents-only lakefront park featuring a swimming pool, marina, kayak launch, playground, splash pad, and picnic area. It also offers convenient access to city amenities and employment hubs, with a short distance to Downtown Detroit. The first floor is leased for $1,850.00, and the second floor is leased at $1,800 per month.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Grosse Pointe
- County
- Wayne
- State
- Michigan
- Longitude
- -82.913392
- Latitude
- 42.389678
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property with income potential in a desirable location.
Where is this duplex located?
The property is located at 497 Neff Rd Grosse Pointe, MI.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: - Excellent income potential from two fully leased units ($1,850 and $1,800/month).; - Desirable location minutes from shopping, dining, and a residents-only lakefront park with extensive amenities.; - Each unit features 2 bedrooms, full bath, living room with fireplace, formal dining room, kitchen, and Florida room.
