5645 E Grand River Avenue
Howell, MI 48843
Multi Family · MLS # 71026002193 · Listing courtesy of United Realty Services
About this home
NEW AND IMPROVED!!! Well-maintained, turnkey 10-unit multifamily (+ coin laundry) in Howell generating $11,300/month in gross rental income. Recent capital improvements include a brand new roof (2026), new AC throughout the whole building, and a new tankless water heater, helping minimize future maintenance costs. Selling at an 11% cap rate, with a stable tenant base and four long-term Section 8 tenants providing reliable, government-backed income. Owner-reported operating expenses average approximately $1,916/month. Strong cash-flow opportunity with additional upside through future rent growth.
Interior
Systems and utilities
Exterior and lot
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Schools
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.
Location
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