15 S Broad Street Pending

Battle Creek,MI 49017-4857

$ 165000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Mi

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 Multi-Family

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 (13003)

Interior

Heating Forced Air

Exterior

Exterior Feature Wood

Building

Foundation Basement

Structure Type Wood

Schools

School District Battle Creek Public Schools

Others

Energy Description Natural Gas

Financing Cash,FHA,VA

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