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$499,900

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0.53 Acres Lot

Active Under Contract

189 Buchanan Street Hudson, MI 49247

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Chris Buckely

chrisb@cby3d.com +1(312) 313-5553

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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active Under Contract

Purchase Type For Sale

Municipality Hudson Twp

MLS Listing ID 25009575

Year Built 1970

Annual Tax Amount $9,674

Tax Year 2024

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 170X162

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Discover a rare and lucrative investment opportunity with this exceptional 6-unit rental property nestled in the heart of Hudson, Michigan. This unique multi-family dwelling sets itself apart by offering each unit a private basement, a highly sought-after feature providing tenants with invaluable storage and ensuring consistent occupancy. The property boasts a diverse mix of units, including three spacious 3-bedroom layouts with 1 full and 2 half bathrooms, and three comfortable 2-bedroom units, each with 1 full and 1 half bathroom. Recent updates, such as fresh flooring and paint, a modern on-demand hot water unit, and remodeled kitchens in select units, enhance the property's appeal and value. Benefit from a recently completed rental inspection, valid for three years, and explore numerous avenues to further increase rental income and maximize your return. Detailed financial documents are readily available, offering complete transparency for your due diligence. With Hudson's stable rental market and strong tenant demand, this property presents a fantastic opportunity to build long-term wealth and secure a valuable addition to your investment portfolio. Don't miss out on this one-of-a-kind property; schedule your showing today. Benefit from a recently completed rental inspection, valid for three years, and explore numerous avenues to further increase rental income and maximize your return. Detailed financial documents are readily available, offering complete transparency for your due diligence. With Hudson's stable rental market and strong tenant demand, this property presents a fantastic opportunity to build long-term wealth and secure a valuable addition to your investment portfolio. Don't miss out on this one-of-a-kind property; schedule your showing today.

Location

State MI

County Lenawee

Area Lenawee County - Y

Direction off jefferson

Rooms

Basement Full, Walk-Out Access

Interior

Heating Forced Air

Fireplaces Number 1

Laundry In Basement

Exterior

Parking Features Asphalt, Driveway, Paved

Utilities Available Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 15

Building

Sewer Public Sewer

Structure Type Block,Wood Siding

New Construction No

Schools

School District Hudson

Others

Tax ID XH0-752-9200-00

Acceptable Financing VA Loan, Rural Development, FHA, Cash, Conventional

Listing Terms VA Loan, Rural Development, FHA, Cash, Conventional

Listed by C-21 Affiliated - Jackson

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Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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189 Buchanan Street Hudson, MI 49247

Chris Buckely

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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189 Buchanan Street