Property Type:
Multi Family
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$975,000
List Date:
8/03/2026
Last Modified:
8/03/2026
5645 E Grand River Avenue, Howell, MI 48843
New Listing
$975,000
Overview
Description
Listing Details MLS# 26002193
Location Property Info
- County
- Livingston
- Street #
- 5645
- Street Direction
- E
- Street Name
- Grand River
- Suffix
- Avenue
- State
- MI
- Zip Code
- 48843
- Zip (4)
- 9196
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 12632
- Lot Acres
- 0.29
- Lot Dimensions
- 104x40
- Year Built
- 1950
- New Construction
- No
- Financial Available
- Yes
- Cert of Compliance
- Yes
- Road Frontage
- 140
- Total # Units
- 10
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total Parking Spaces
- 15
- Waterfront
- No
- Body of Water
- Lake Chemung
- Statewide Lakes & Rivers
- Lake Chemung
- School District
- Howell
- Association YN
- No
- Basement
- Yes
Tax Info
- Tax ID #
- 11-10-301-046
- Taxable Value
- 169310
- SEV
- 222200
- For Tax Year
- 2025
- Seller's Annual Property Tax
- 7061
- Tax Year
- 2025
- Spec Assessment & Ty
- None
- Homestead %
- 0
Waterfront Options
- Water Access Y/N
- Yes
- Water Frontage
- 0
Access Feat
- Accessibility Features
- No
More Information
Income and Expenses
- Gross Op. Inc.
- 135600
- Net Operating Income
- 100600
- Operating Expense
- 35100
Unit 1
- Unit Description
- Yes
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 2
- Unit Description
- 2
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 3
- Unit Description
- 3
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 4
- Unit Description
- 4
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 5
- Unit Description
- 5 - Studio
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 6
- Unit Description
- 6
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 7
- Unit Description
- 7
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 8
- Unit Description
- 8
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 9
- Unit Description
- 9 - studio
- Bathrooms
- Yes
- Full Baths
- Yes
Unit 10
- Unit Description
- 10 - studio
- Bathrooms
- Yes
- Full Baths
- Yes
Location & Property Info
- Cross Streets
- Latson Rd & E Grand River Ave
- Property Sub-Type
- 5+ Units
- Area
- Livingston County - 40
- Municipality
- Genoa Twp
Office/Contract Info
- Auction or For Sale
- For Sale
Remarks & Misc
- Public Remarks
- 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.
- Legal
- SEC. 10 T2N, R5E, GLEN ECHO LOTS 46 AND 47
Water Type
- Lake
- Yes
Water Fea. Amenities
- All Sports
- Yes
- Deeded Access
- Yes
Lot Description
- Corner Lot
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Util Avail at Street
- High Speed Internet
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
- Lease Purchase
- Yes
Laundry Features
- Common Area
- Yes
- In Basement
- Yes
- Laundry Room
- Yes
Assoc. Amenities
- Laundry
- Yes
Exterior Material
- Vinyl Siding
- Yes
- Wood Siding
- Yes
Roofing
- Composition
- Yes
- Rubber
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Tenant Pays
- None
- Yes
Driveway
- Gravel
- Yes
- Paved
- Yes
Substructure
- Full
- Yes
- Michigan Basement
- Yes
Extras
- Carports
- Yes
- Tenant Storage
- Yes
Owner Pays
- Electricity
- Yes
- Gas
- Yes
- Trash Collection
- Yes
- Water
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Laundry Features:
Common Area; In Basement; Laundry Room
Water Type:
Lake
Exterior Material:
Vinyl Siding; Wood Siding
Roofing:
Composition; Rubber
Substructure:
Full; Michigan Basement
Lot Description:
Corner Lot
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street:
High Speed Internet
Extras:
Carports; Tenant Storage
Owner Pays:
Electricity; Gas; Trash Collection; Water
Tenant Pays:
None
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Gravel; Paved
Street Type:
Paved; Public
Terms Available:
Cash; Conventional; Lease Purchase
Possession:
Close Of Escrow
Sale Conditions:
None
Documents
Package Overview ›
Listing Office:
United Realty Services
Listing Agent:
Ryann Brier
Last Updated: August - 03 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
