Julia HunteyBig Rapids Realty, Canadian Lakes Team, REALTOR®

313-720-5957

15 S Broad Street S, Battle Creek, MI 49017

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$165,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Battle Creek
  • County Calhoun
  • Township Battle Creek City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full
  • Garage  
  • Acreage 0.2
  • Heat Type Forced Air
  • Central Air  
  • Year Built 1900
  • Style  
  • Exterior  
  • Taxes  
  • SEV 48000
  • Zoning  
  • Parcel 52-6770-00-024-0
  • Lot Size 66x132

Features

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!

Listing Courtesy of Zac L Folsom - NextHome ONE of Kalamazoo

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