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.
Sold
$150,000
15 Broad St S, Battle Creek, MI 49017
5beds
4baths
--sqft
2 to 4 Units
Built in 1900
-- sqft lot
$159,900 Zestimate®
$--/sqft
$891 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 09:20am
Listed by:
Zac L Folsom 269-370-1085,
Zac Folsom Group
Bought with:
Zac L Folsom, 6501384937
Source: MichRIC,MLS#: 25008611
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Basement: Full
Property
Parking
- Total spaces: 6
Lot
- Size: 8,712 sqft
- 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 & neighborhood
Location
- Region: Battle Creek
Other
Other facts
- Listing terms: VA Loan,MSHDA,FHA,Cash,Assumable
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$159,900
2% more+$3,198
With Zillow Showcase(estimated)$163,098