2 Reading Avenue, Hillsdale, MI 49242
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2 Reading Avenue, Hillsdale, MI 49242
2 Reading Avenue, Hillsdale, MI 49242
2 Reading Avenue, Hillsdale, MI 49242
2 Reading Avenue, Hillsdale, MI 49242
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Tim Burkey

Tim Burkey

+1(574) 339-3045
$ 229,900
Est. payment /mo
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2 Reading Avenue Hillsdale, MI 49242

4 Baths

10,454 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Hillsdale City

MLS Listing ID 26058492

Year Built 1904

Annual Tax Amount $5,284

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 132 × 169 × 132 × 26

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Great Investment! This well-maintained 3-unit multifamily property at 2 Reading Ave offers an excellent opportunity for investors or owner-occupants. The recently renovated interior features four new high-efficiency furnaces (one for each unit and one for the basement). Previous owners also upgraded the electrical system, and the exterior features a newer metal roof and vinyl siding. The three units offer a combined rental income of $3,000 per month. The largest unit was recently vacated and intentionally left vacant, giving a new owner the opportunity to live in the largest unit while collecting rental income from the other two. In addition, the sellers paid $34,000 through seller financing on top of the $216,000 sale price reflected in the public price history, bringing the total purchase consideration to $250,000. Tenants pay gas, electric, and water, while the landlord covers trash service. A great opportunity to own an income-producing property with room to make it your own.

Location

State MI

County Hillsdale

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Cooling Central Air

Exterior

Utilities Available Natural Gas Available, Natural Gas Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 3

Building

Structure Type Other

New Construction No

Schools

School District Hillsdale

Others

Tax ID 006-327-452-20

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Listed by RE/MAX Platinum

Nearby Locations

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Tim Burkey

+1(574) 339-3045

timothy.burkey@exprealty.com

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2 Reading Avenue