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607 Neff Rd, Grosse Pointe, MI – $475,000

  • $475k Price
  • 2.1 Baths
  • 2,953 Sqft
  • .3 Acres
  • $475k Price
  • 2.1 Baths
  • 2,953 Sqft
  • .3 Acres

607 Neff Rd

Rare offering to acquire a large 2 unit multifamily building in the heart of The Village- The Pointes most in demand location! An ideal opportunity to generate a strong passive income source, live in a unit and rent out the other to cover carrying costs, or convert to a single family home! Situated on a spacious lot and a half, 607 Neff consists of an upper and lower flat, each with stunning original features and beautiful fireplaces in the spacious living rooms. The lower flat has central AC, a large family room, large dining room, 1 full bath and a half bath en suite, 2 sizable bedrooms, and a 3 seasons room. The upper flat features original hardwood floors ready to be refinished, 2 sizable bedrooms, and a full bath. Divided yard so each tenant can have separate green space! Spacious 2 car garage & an additional 2 off street parking spaces. Projected income of $2,300+ month for the lower unit and $2,100+/ month for the upper unit with cosmetic improvements. Separate gas/ electric meters for each unit. Walk to GP's finest dining, nightlife, & shopping!

Essential Information

  • MLS® #20221007804
  • Price$475,000
  • Bathrooms2.10
  • Full Baths2
  • Half Baths1
  • Above Grade Sq. Ft2,953
  • Acres0.30
  • Year Built1928
  • TypeMultifamily
  • Sub-TypeColonial
  • StatusActive

Community Information

  • Address607 Neff Rd
  • Area05064-Grosse Pointe
  • SubdivisionTHE C NEFF ESTATES SUB
  • CityGrosse Pointe
  • CountyWayne
  • StateMI
  • Zip Code48230

Amenities

  • Parking Spaces4
  • ParkingGarages

Interior

  • HeatingRadiant
  • CoolingWindow Unit, Central Air

Exterior

  • ExteriorBrick
  • FoundationBasement

School Information

  • DistrictGrosse Pointe

Additional Information

  • ZoningMulti-Family

Listing Details

  • OfficeJim Saros Real Estate Services
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