$524,900

189 Buchanan St Hudson, MI 49247

$6,233
Closing credit¹
0.5 acres
Multi-Family

Property details

About 189 Buchanan St

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.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.53 Acres
Year built1970
ParkingAsphalt, Paved
MLS #55025009575

Summary

  • MLS Number: 55025009575
  • MLS Name: Jackson Area Association of REALTORS
  • Office Name: C-21 Affiliated - Jackson
  • Office Phone: (517) 888-0050
  • Listing Agent: BRETT MILES

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior featuring uncovered parking

$524,900

189 Buchanan St

$6,233

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 20, 2022
Home Sold
$290,000

Tax history

YearAssessmentProperty Tax
2023$192,200$9,674
2022$148,000$15,955
2021$148,300$5,102
2019$125,100$4,983
2018$131,000$4,863
2017$136,400$4,693

History based on county public records data.

Nearby schools

3

Lincoln Elementary School

Public District PK-4

0.2 mi

746 N Maple Grove Ave

2

Pittsford Area Elementary School

Public District KG-5

6.2 mi

9304 Hamilton Rd

5

Addison Elementary School

Public District KG-5

8.8 mi

219 N Comstock St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,903. Typical income of Hudson, MI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

46%
<35k
47%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
17%
Single, with Kids
29%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
39%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • DodgeDodge
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 189 Buchanan St in Hudson, MI and zip code 49247. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $524,900.

Hudson, MI housing market in February 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. The inventory of homes for sale in Hudson, MI between January and February 2025 decreased by 6.3%. While the average time on the market in February 2025 was 32 days, the median list price was $174,900.

From Rocket Homes Real Estate and based on county public records data.

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