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About the Listing 112534 - MR819178
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.
Listing Highlights for 2 Reading
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3094
- Basement: MI Basement
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 132 169 132 26
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,284
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
2 Reading Hillsdale, MI 49242
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