Updated August 8th, 2025

497 Neff, 48230, Grosse Pointe, Michigan, USA

Price: $465,000
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Property ID:
493
Price:
$465,000
Category:
Properties
Status:
active
Property type:
2-4 Unit
Mls:
50183735
Amenities:
Dryer, Fireplace, Oven/Range, Refrigerator, Washing Machine
Lot size:
59
Exterior:
brick
Basement:
concrete
Parking:
Garage
Number of parkings:
3
Air conditioning:
Yes
Heating system:
Yes
Year built:
1942
Scope of work:
cosmetic
Annual taxes:
$8,135
Bedrooms:
4
Bathrooms:
2
Property Description:

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. Click to view the Full Screen Slideshow Website: https://www.fullscreenphotos.com/aca7f

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