Howell, MI 48843
MLS# 26002193
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.
Listed by Ryann Brier · United Realty Services
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$4,930/mo
$195,000 down · $780,000 financed
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