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.
Pending
$165,000
15 Broad St S, Battle Creek, MI 49017
5beds
4baths
--sqft
Est.:
2 to 4 Units
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 25008611

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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