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2 Reading Avenue
Hillsdale, MI 49242

$229,900 - Status: Active
MLS# 26058492

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.

Property Features

MLS#: 26058492
Zip: 49242
Subdivision:
Development: Hillsdale City
Property Type: Multi Unit - Multiple
Number of Units: 3
Basement: Michigan Basement
Cooling: Central Air
Days on Site: 1
Heating: Forced Air
Lot Size: 0.24 acres
Taxes: $5,284
Year Built: 1904

Feature Descriptions

Exterior: Other
Lot Dimensions: 132 Ã? 169 Ã? 132 Ã? 26
Owner Pays: Trash Collection
Parcel Number: 006-327-452-20
Parking Total: 3
Road Surface: Paved
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Water, Sewer, Gas
Units: 3
Utilities: Natural Gas Available, Natural Gas Connected

Local Schools

School District: Hillsdale

2 Reading Avenue | MLS# 26058492

This multi-family property located at 2 Reading Avenue, Hillsdale, MI 49242 is currently listed for sale with an asking price of $229,900. Reading Avenue is located within the Hillsdale school district. Search Hillsdale real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX Platinum
Agent Name: Arin Hoekstra
Agency Phone: 810-227-4600

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 11/05/2026.

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