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607 Neff Road

Grosse Pointe, MI 48230
  • $515,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 20221007804
UPDATED: 27 min ago
$515,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,953
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Zoning:
Multi-Family
Lot Size Dimensions:
83.30 X 155.90

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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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-02T16:57:58.62.
www.prettyhomerealty.com/homes/130043963
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607 Neff Road Grosse Pointe, MI 48230

  • Price: $515,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 27 min ago
  • ID#: 20221007804
0
Beds
2
Baths
1
½ Baths
0.3
Acres
2,953
SQFT
$174
$/SQFT
1928
Built
Neighborhood:
The C Neff Estates Sub
County:
Wayne
Area:
Grosse Pointe
School District:
GROSSE POINTE
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

Architecture Level 2 Story Architecture Style Colonial Construction Materials Brick Foundation Details Basement Foundation Materials Brick/Mortar Garage YN Yes Lot Size Dimensions 83.30 X 155.90 Multifamily Parking Garages Parking Total 4 Pool YN No Porch Type Patio Road Frontage Feet 155 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.10 Cooling Central AirWindow Unit(S) Fireplace YN No Heating Radiant Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 2953 Sq Ft Total Basement 1346 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

Property Features

Assessment 0.00 Down Payment Resource YN Yes Existing Lease YN No Gross Scheduled Income 52800.00 Income Projection Projected Land Contract YN No Listing Financing CashConventionalFhaVa Monthly Rental Income 4400 Net Operating Income 39000.00 Number Of Units Leased 0 Operating Expense 13800.00 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN Yes Pets Allowed Cats OkDogs Ok Postal City Grosse Pointe Protection Period 180 Rent Includes Water/SewerSnow RemovalWaterYard Maintenance Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 3888.0000 Tax Amount Winter 2693.0000 Title Standard (Private) Total Tax 6581.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 607 Neff Road Water Source Water At Street Zone Conform YN Yes Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Jim Saros Real Estate Services: (313) 886-9030 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp, © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-07-02T16:57:58.62.
 
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