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3,094 sqft

$229,900

2 Reading Avenue, Hillsdale MI, 49242

Price per sqft$74.31
Built in1904
Property size3,094 sqft
Property typeMulti-family

Overview

Active

Updated 3 days ago

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.

$1,530/mo

Est. mortgage payment based on a $229,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$5,284
Tax Frequency
Annually

 

Courtesy of RE/MAX Platinum

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Data last updated 6:41 PM UTC, 11/4/2026

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