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15 S Broad Street Battle Creek, MI 49017
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 66025008611
Sold Date 05/30/25
Bedrooms 4
Year Built 1900
Annual Tax Amount $3,607
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66 x 132
Source Greater Kalamazoo Association of REALTORS®
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
Direction Capital to Broad to home on left of road
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Composition
Garage no
Private Pool No
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Wood
Schools
School District Battle Creek
Others
Pets Allowed Yes
Tax ID 526770000240
Acceptable Financing Assumable (Asm-Lend App), Cash, FHA, VA
Listing Terms Assumable (Asm-Lend App), Cash, FHA, VA
Financing Assumable (Asm-Lend App),Cash,FHA,VA
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Bought with Zac Folsom Group
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