5645 E Grand River AvenueGenoa Township, MI 48843
$899,900
Listing courtesy of United Realty Services
7
Beds
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.
Virtual TourDetails
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1950
- Lot Size
- 0.29 acres
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Basement
- Full
- Annual Taxes
- $7,061
- MLS #
- 71026002193
About Genoa Township
A Livingston County township between Brighton and Howell, with lakes, shopping along Grand River and newer subdivisions.
Gallery
Listing courtesy of United Realty Services. MLS # 71026002193. Information is deemed reliable but not guaranteed and should be independently verified.
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