497 Neff Road GrossePointeCity, Michigan 48230
- $465,000
Overview
- Residential Income
- 4
- 2
- 3
- 2467 sqft
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. 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.
Address
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Address: 497 Neff Road GrossePointeCity, Michigan 48230
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Zip/Postal Code: 48230
Details
Updated on August 14, 2025 at 7:06 am-
Property ID 58050183735
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Price $465,000
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Property Size 2467 sqft
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Bedrooms 4
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Bathrooms 2
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Garages 3
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Year Built 1942
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Type Residential Income
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Property Status For Sale
Additional details
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Test Test Data
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Lot Size Dimensions 59 x 155
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Lot Size Acres 0.21
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Subdivision Name THE C NEFF ESTATE SUB
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Appliances Dishwasher, Dryer, Oven, Refrigerator, Range, Washer
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Architectural Style Colonial
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Bathrooms Full 2
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Bathrooms Total 2
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Water Source Public
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County or Parish Wayne
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Price Per Sq Ft 188.49
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