15 S Broad Street Pending Save Request In-Person Tour Request Virtual Tour
Battle Creek,MI 49017
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality Battle Creek City
MLS Listing ID 25008611
Year Built 1900
Annual Tax Amount $3,607
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66 x 132
Property Sub-Type 2 to 4 Units
Property Description
Investor alert! This fully rented multifamily in Battle Creek is a cash flow dream, currently generating $3370 gross and $2445 net per month with zero debt service. Priced at $165K, the property delivers a no-debt cap rate of about 17.8% (no debt service).
Each unit has been recently updated with new floors, fresh paint, and boasts a strong rental history, plus the property has been city certified. Ready for immediate income, it's perfect for investors looking for a robust cash return.
For serious buyers with at least 30% down, the seller is open to a land contract option. If you're ready to make money and expand your portfolio, this turnkey investment opportunity in Battle Creek is waiting for you.
Location
State MI
County Calhoun
Area Battle Creek - B
Direction Capital to Broad to home on left of road
Rooms
Basement Full
Interior
Interior Features Broadband
Heating Forced Air
Fireplaces Number 1
Laundry Common Area
Exterior
Utilities Available Electricity Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Battle Creek
Others
Tax ID 52-6770-00-024-0
Acceptable Financing VA Loan,MSHDA,FHA,Cash,Assumable
Listing Terms VA Loan,MSHDA,FHA,Cash,Assumable