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For sale
  • Price cut: $25K (4/24)
    $499,900

    189 Buchanan St, Hudson, MI 49247

    15beds
    15baths
    --sqft
    : 
    5+ Units
    Built in 1970
    -- sqft lot
    $479,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private basementRemodeled kitchens
    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.
    43 days
    on Zillow
    |
    668
    |
    58
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    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 08:13am

    Listed by:

    BRETT MILES 517-395-8253,

    C-21 Affiliated - Jackson 517-888-0050

    Source: MichRIC,MLS#: 25009575MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 189 Buchanan St.

    Next available tour time:Today at 4:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 15
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full,Walk-Out Access
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 15
    • Parking features: Asphalt, Driveway, Paved
    Lot
    • Size: 0.53 Acres
    • Dimensions: 170 x 162
    Details
    • Parcel number: XH0752920000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Block, Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected

    Community & HOA

    Location
    • Region: Hudson

    Financial & listing details

    • Tax assessed value: $163,170
    • Annual tax amount: $9,674
    • Date on market: 3/14/2025
    • Listing terms: VA Loan,USDA Loan,FHA,Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes
    • Road surface type: Paved
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