9 West St, Hillsdale, MI 49242
This exceptional multifamily property, located at 9 S West St, Hillsdale, MI 49242, presents a compelling investment opportunity. The 2,290 square foot, two-story brick home boasts six bedrooms and three and a half bathrooms, making it ideal for student housing or a single-family rental portfolio. Completely renovated in 2024, this property features a new roof, furnace, laminate flooring, and carpeting throughout. The kitchen and bathrooms have been fully updated with brand-new fixtures and appliances. The main level offers a spacious kitchen, laundry area, living room with fireplace, and either two or three bedrooms and one and a half bathrooms. Upstairs, three additional bedrooms and two full bathrooms provide ample space, with an added area perfect for a playroom or family area. A newly constructed deck, accessible from the kitchen or laundry room, adds to the property's appeal. Situated just two blocks from downtown Hillsdale, this property offers convenient access to local amenities. Built in 1900, this meticulously updated home is ready for immediate occupancy and offers strong potential for rental income. Asking price is $280,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.