416 Lake ST, Howell, MI 48843
$300,000
Est. payment /mo
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2 Baths
1,638 SqFt
Pending

416 Lake ST Howell, MI 48843

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 1,638 sqft

Price per Sqft $183

Subdivision Mcphersons 2Nd Add

MLS Listing ID 20261021098

Style Colonial,Duplex

Full Baths 2

Year Built 1900

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type MultiFamily

Property Description

Welcome to 416 Lake St, an exceptional investment or house hacking opportunity! This versatile duplex in the heart of downtown Howell is just steps from Thompson Lake and all the charm this vibrant community has to offer. This thoughtfully designed property features two updated units with private entries, each with 2 bedrooms, full bathroom, and first floor in-unit laundry. Spacious living areas with newer flooring and kitchens come with appliances included, making both units move-in ready and easy to lease with high demand. Situated on a large lot with plenty of parking in the rear and multiple storage sheds, offering both convenience with flexibility. Walk to downtown restaurants, shops, the lake, and neighborhood parks from this ideal location. Dual-purpose property with the potential to convert back to a single-family home, giving you multiple options for future use. Whether you're looking to add to your rental portfolio, house hack by living in one unit while renting the other, or secure a solid investment with built-in rental income, this duplex checks all the boxes. In addition, it offers an attractive upside as rents are currently below market, providing an immediate path to increased cash flow and maximized returns. Don't miss out on this rare opportunity in one of Howell's most walkable and sought-after neighborhoods!

Location

State MI

County Livingston

Area Area01061Howell

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fans, Central Air

Fireplace No

Laundry ElectricDryerHookup, WasherHookup

Exterior

Parking Features Garage

Pool None

View Y/N No

Garage true

Building

Foundation MichiganBasement

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Howell

School District Howell

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes


Realcomp MLS
Listed by Daniel Gyomory of @properties Christie's Int'l RE Northville

NEARBY SCHOOL & BUSINESS

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(313) 482-7432

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416 Lake ST