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Pending
  • $165,000

    15 Broad St S, Battle Creek, MI 49017

    5beds
    4baths
    --sqft
    : 
    2 to 4 Units
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    48 days
    on Zillow
    |
    371
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 05:44am

    Listed by:

    Zac L Folsom 269-370-1085,

    Zac Folsom Group 269-241-3493

    Source: MichRIC,MLS#: 25008611MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Full
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 6
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66 x 132
    Details
    • Parcel number: 526770000240

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Battle Creek

    Financial & listing details

    • Tax assessed value: $48,000
    • Annual tax amount: $3,607
    • Date on market: 3/26/2025
    • Listing terms: VA Loan,MSHDA,FHA,Cash,Assumable
    • Tenant pays: None
    • Electric utility on property: Yes
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