416 Lake St, Howell, MI 48843

$300,000
4
BD
2
BA
1,638
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$300,000
List Price
$300,000
Closing Date
May 15, 2026
MLS#
20261020936
Status
CLOSED
Bedrooms
4
Bathrooms
2
Total Square Footage
1,638
Subdivision
MCPHERSONS 2ND ADD

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!

Additional Information

Year Built
1900
Basement Type
Unfinished
Foundation
Michigan Basement
Acres
0.23
Style
Colonial, Other
Acres
0.23
School District
Howell
Appliances
Electric Oven, Refrigerator
Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air, Natural Gas
Garage Spaces
1
Garage Description
1 Car, Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of @properties Christie's Int'l RE Northville 2488508632

Selling Office: Remerica Hometown One.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and . Copyright 2026 Realcomp II Ltd. Shareholders. 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.