The development of nonvolatile memories (NVM) based normally-off, instantly-on applications is hindered by high energy consumption for data readout. In particular, magnetic random access memory (MRAM) is a promising candidate for embedded non-volatile memory for its high cell density, high endurance and compatibility with the CMOS process. However, considering the low tunneling magnetoresistance ratio (TMR) of standard 1T1MTJ bit-cell, the state-of-art voltage sensing amplifiers (VSA) and current sensing amplifiers (CSA) need the direct current path to build considerable voltage or current difference. This paper demonstrates a reconfigured latch-based 4T2MTJ bit-cell achieving 2.527-fJ/bit ultra-low-power data readout at 0.4-V read voltage. Simulated results show that 2-ns latency can be realized with a traditional VSA and parasitic capacitance. The proposed 4T2MTJ bit-cell can perform in-situation (in-situ) multiplication between stored data and input with negligible extra energy consumption.