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607 NEFF Road Grosse Pointe, MI 48230
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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,953 sqft
Price per Sqft $159
Subdivision The C Neff Estates Sub
MLS Listing ID 20230008903
Sold Date 04/21/23
Style Colonial
Bedrooms 2
Full Baths 2
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1928
Annual Tax Amount $9,860
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 83.30 x 155.90
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 that were just refinished, fresh paint, 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!
Location
State MI
County Wayne
Area Grosse Pointe
Zoning Multi-Family
Direction S Of Fisher And E Of Kercheval
Rooms
Basement Unfinished
Interior
Heating Radiant
Cooling Central Air
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Pool No
Road Frontage Paved
Garage 1
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Grosse Pointe
Others
Pets Allowed Yes
Tax ID 37002030025001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with The Agency Hall & Hunter