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607 Neff

Grosse Pointe, MI 48230
  • $495,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 20221007804
UPDATED: 80 min ago
$495,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,953
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

School District:

Description

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!

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©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T09:50:47.33.
www.buyeastsidehomes.com/homes/130046751
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607 Neff Grosse Pointe, MI 48230

  • Price: $495,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 80 min ago
  • MLS #: 20221007804
0
Beds
2
Baths
1
½ Baths
0.3
Acres
2,953
SQFT
$168
$/SQFT
1928
Built
Neighborhood:
The C Neff Estates Sub
County:
Wayne
Area:
Grosse Pointe (82335)
School District:
Grosse Pointe Public Schools
Property Description
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!
Exterior Features

Exterior Construction Brick Exterior Features Patio Foundation Type Basement Frontage 155 Lot Size 83.30 X 155.90 Parking Garage Roads Paved Street Structure Style 2 Story Styles Colonial Waterfront YN No

Interior Features

Basement YN Yes Cooling System Central A/CWindow Unit(S) Fireplace YN No Fuel Type Natural Gas Heating System Radiant

Property Features

Assessments Amount 0 Financial Terms CashConventionalFhaVa For Sale Or Rent For Sale Lease Information Water Included Lease YN No Municipality Grosse Pointe Municipality Type City Net Operating Income 39000 Occupancy At Close Ownership Private Property Type Multi-Family SEV 197800 Sewer Septic Public At Street Subject To Short Sale Approval No Summer Tax Amount 3888 Total Expenses 13800 Total Tax Amount 6581 Water Public Water At Street Winter Tax Amount 2693 Zoning Multi-Family

Listing courtesy of Jim Saros Real Estate Services : 313-886-9030.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2022 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2022-08-19T09:50:47.33.
 
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The Tom Lipinski Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315