Battle Creek, MI 49017,15 S Broad Street
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Battle Creek, MI 49017,15 S Broad Street
Battle Creek, MI 49017,15 S Broad Street
Battle Creek, MI 49017,15 S Broad Street
Battle Creek, MI 49017,15 S Broad Street
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$ 165,000
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15 S Broad Street Battle Creek, MI 49017

8,712 Sqft Lot


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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


Listed by Zac Folsom Group
agent

Kami Kennedy

Agent | License ID: ric.h18672

+1(616) 856-4188

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15 S Broad Street