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Sold for $470,000 on 04/21/23
  • $470,000

    607 Neff Rd, Grosse Pointe, MI 48230

    4beds
    2,953sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $533,400 Zestimate®
    $159/sqft
    $3,061 Estimated rent

    Home value

    $533,400

    $485,000 - $587,000

    $3,061/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2023 at 11:41pm

    Listed by:

    James B Saros 313-886-9030,

    Jim Saros Real Estate Services

    Bought with:

    Tiana Myers, 6501447885

    The Agency Hall & Hunter

    Source: Realcomp II,MLS#: 20230008903MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Radiant
    Cooling
    • Central Air
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,953 sqft
    • Finished area above ground: 2,953

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two Car Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.30 Acres
    • Dimensions: 83.30 x 155.90
    Details
    • Parcel number: 37002030025001
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Sewer At Street
    • Water: Waterat Street

    Community & neighborhood

    Location
    • Region: Grosse Pointe
    • Subdivision: THE C NEFF ESTATES SUB

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    7/31/2024Listing removed--
    Source: Realcomp II #2210037941 Report a problem
    11/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/27/2023Listed for rent$1,925$1/sqft
    Source: Zillow Rentals Report a problem
    9/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/13/2023Price change$1,925-2.5%$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $233,500 +2.6%
    2024-- $227,500 +8.3%
    2023-- $210,000 +6.2%

    Find assessor info on the county website

    Neighborhood: 48230

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $533,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $533,400