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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Owner options
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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#: 20230008903
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
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Listing removed | -- |
Source: | ||
| 11/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/27/2023 | Listed for rent | $1,925$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/13/2023 | Price change | $1,925-2.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
- 10/10Lewis Maire Elementary SchoolGrades: K-4Distance: 0.2 mi
- 8/10Pierce Middle SchoolGrades: 5-8Distance: 1.3 mi
- 10/10Grosse Pointe South High SchoolGrades: 9-12Distance: 0.6 mi
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
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

