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Carter and Associates Realty

Southfield, Michigan
Real Estate Agents

248-357-1755
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Listing 4 out of 18
Open House Sunday Feb 17, 3pm–6pm
$299,900 For Sale

680 Neff Road
Grosse Pointe, MI 48230

3 units | Multi Family Home
9583 sq ft - MLS# 219003486
Property Photo
1/11

Description

Cash, Land contract or Mortgage, Everything is negotiable. including Fha and VA offered as terms and seller paying closing costs is also negotiable. Currently fully rented with 30 days tenants rights, Move in yourself and enjoy living on 3rd floor and renting out the first 2 floors. Great location and overall value. Downstairs rent is $ 1000 a month, second floor is combined with another full unit on third floor which has no address but is ideal for a family who wants separate living and kitchen areas for $ 1700 a month. Appointments will start at open house Saturday Jan 19, 2019. Land contract terms. $ 90,000 down, 5 or more years balloon, 6% per annum interest. Garage rents separately to race car buffs for $ 150 for 3 units per month. $ 50 per unit. Garage rent can be increased to $ 450 a month. $ 150 per month per garage door and bay.

Open House

  • Sunday Feb 17, 3pm–6pm

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48230
  • Year Built: 1938
  • Subdivision/Neighborhood: John F Baisch Sub
  • School District: Grosse Pointe
  • Sq.Ft.: 2,294 sq ft
  • Style: Upper/Lower Apartment
  • Units: 3 units
  • Full Baths: 3
  • Half Baths: 2
  • Basement: Private
  • Lot Size: 9583 sq ft
  • Baths: 5
  • Open House: 02-17-2019 3:00 PM - 6:00 PM
  • Zoning: Multi-Family
  • Architecture Level: 2 Story
  • Conforms To Zoning: Unknown
  • Construction Materials: Brick
  • Cooling: Attic Fan, Ceiling Fan, Ceiling Fans 2+, Central Air
  • Exterior Features: Awning/Overhang(S), Chimney Cap(S), Fenced, Private Entry
  • Foundation Details: Basement
  • Foundation Materials: Poured
  • Gross Scheduled Income: 34200.00
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Income Projection: Actual
  • Listing Financing: Cash, Covenant Deed, Fha, Fha 203k, Land Contract, Pur. Money Mortgage, Quit Claims Deed, Va, Warranty Deed
  • Lot Dimensions: 60.00X156.00
  • Monthly Rental Income: 2850
  • Net Operating Income: 27500.00
  • Number Of Units Leased: 3
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Parking: Paved
  • Porch Type: Balcony, Breezeway, Deck, Patio, Porch, Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved
  • Roof Material: Asphalt
  • Sewer: Sewer-Sanitary
  • Sqft Combined: 2294
  • Sqft Source: Prd
  • Sqft Total Bsmt: 560
  • Unit Count: 2
  • Unit One Bed Number Of: 1
  • Unit Two Bed Number Of: 2
  • Water Source: Municipal Water
  • Year Remodeled: 2017
Courtesy of Crown Properties International

 

CARTER AND ASSOCIATES REALTY

248-357-1755
Contact Us
 

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