5645 E Grand River AVE, Genoa Twp, MI 48843
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5645 E Grand River AVE, Genoa Twp, MI 48843
5645 E Grand River AVE, Genoa Twp, MI 48843
5645 E Grand River AVE, Genoa Twp, MI 48843
5645 E Grand River AVE, Genoa Twp, MI 48843
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5645 E Grand River AVE Genoa Twp, MI 48843

0.29 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 71026002193

Year Built 1950

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type MultiFamily

Property Description

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.

Location

State MI

County Livingston

Area Area01111Genoatwp

Rooms

Basement Full

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry CommonArea, InBasement, LaundryRoom

Exterior

Parking Features Gravel, Paved, Carport

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

Waterfront Description AllSportsLake, Lake, WaterAccessRights

View Y/N No

Roof Type Composition, Rubber

Building

Lot Description CornerLot

Foundation MichiganBasement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Howell

Others

Acceptable Financing Cash, Conventional, LeasePurchase

Listing Terms Cash, Conventional, LeasePurchase

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26002193

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Ryann Brier of United Realty Services

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5645 E Grand River AVE