2 Reading Avenue Hillsdale, MI $ 229,900
2 Reading Avenue
$ 229,900
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2 Reading Avenue

Hillsdale, MI, 49242
$ 229,900
Bedrooms-- Baths4.0

Monthly Estimate*

$ 1,588

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Multi-Family Home for sale in Hillsdale, MI

for $229,900 with 4 full baths. This home was built in 1904 on a lot size of 0.24.

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.

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Multi-Family Active

Price

$ 229,900

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,284

Style

2 to 4 Units

Lot Size

0.24

Year Built

1904

Town/City

Hillsdale

County/Region

Hillsdale

MLS | Web ID

26058492

Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Natural Gas Connected
Possession Close Of Escrow
Construction Materials Other
Year Built 1904
Tenant Pays Electric Water Sewer Gas
Township Hillsdale City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Hillsdale
New Construction false
Property Type Multi Family
Status Active
City Hillsdale
High School District Hillsdale
Zoning Description RD-1
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 10454
Listing Terms VA Loan FHA Cash Conventional
Tax Annual Amount 5284
Standard Status Active
Tax Assessed Value 124200
Legal Description LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD AS OF 12/31/2018 - WARD 3 LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD
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Interior
Basement Michigan Basement
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 4
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Exterior
Total Parking 3
Lot Size Area 0.24
Number of Buildings 1
Lot Dimensions 132 × 169 × 132 × 26
Lot Size Acres 0.24
Road Surface Type Paved
Waterfront Y/N false
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Internal Only
Street Number 1 2
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* Excluded Features
List By
Re/Max Platinum

Broker

arinhoekstra@hotmail.com

Email

Affordability Calculator

$2,028
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,588
Monthly Property Taxes
$440
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249785 Elementary School
250497 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$229,900 Listed Price

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2 Reading Avenue, Hillsdale, MI, 49242 is a Multi-Family Home for sale at $229,900 with a lot size of 0.24. 2 Reading Avenue has 4.0 baths and was built in 1904. The property's zip code is 49242 which is in Hillsdale, MI