15 S Broad Street S, Battle Creek, MI 49017
- $170,000
- Sold Price
- $170,000
- List Price
- $165,000
- Closing Date
- Apr 03, 2026
- Days on Market
- 1
- MLS#
- 26007499
- Status
- SOLD
- 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!
Additional Information
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Taxes
- $3,434
- Acres
- 0.20
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Battle Creek
- Sewer
- Public Sewer
- Tenant Pays
- None
- Total Parking Spaces
- 6
- Utilities
- Natural Gas Connected, Electricity Connected, Electricity Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Zac L Folsom from Listing Office: NextHome ONE of Kalamazoo.
Selling Agent: Selling Office: .
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