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$ 165,000
Est. payment | /mo
8,712 Sqft Lot
$ 165,000
Est. payment | /mo
8,712 Sqft Lot
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Zac Folsom Group
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