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Additional details
$ 165,000
Est. payment /mo
Pending
15 S Broad ST S Battle Creek City, MI 49017
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 64026007499
Year Built 1900
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type MultiFamily
Property Description
Investor opportunity in Battle Creek: this occupied multifamily property generates $3,370 in gross monthly income and $2,445 in net operating income, and is offered at $165,000, reflecting an approximate 17.8% cap rate based on current performance. Each unit has been recently updated with new flooring and fresh paint, the property has a strong rental history, providing stability and immediate cash flow from day one. With its current income profile, the asset offers attractive cash-on-cash potential even with conventional financing. Call 269.205.8612 to schedule a showing or to ask questions!
Location
State MI
County Calhoun
Area Area96061Battlecreek
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry CommonArea
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Battle Creek
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan
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Listed by Zac L Folsom of NextHome ONE of Kalamazoo
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