15 S Broad Street
Battle Creek, MI 49017

Sold

Sold for $95,000 on Nov 20, 2023

Description

Looking for an exceptional investment opportunity? Look no further than this fantastic 4-unit property with a brand new roof, just a year old! Each unit boasts 1bed 1bath and is primed to generate rental income. One of the units is currently rented below market at $560/month. The other 3 units are in need of some minor work (mostly patching and painting) to make rent-ready, but should bring in another $650/month each. Conservatively estimated at $2,400/month in projected rents, this property should be a strong cash-flow producer for its next owner. Whether you're a seasoned investor or just starting out, don't miss out on this one! *Same owner is selling 106 Battle Creek (2 unit) and 94 Cliff (3 unit). Seller will take discounted price from someone who buys all 3 properties.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Sold
• Listing Price: $109,900
• County/Area: Calhoun County
• Zip Code: 49017
• Year Built: 1900
• School District: Battle Creek
• Units: 4 units
• Basement: Full, Michigan Basement, Yes, Yes
• # of Parking Spaces: 4, 4
• Fireplace: 1
• Lot Size: 8712 sq ft lot
• Waterfront: No
• Construction Materials: Wood Siding
• Cross Street: S Broad & Perry
• Cross Streets: S Broad & Perry
• Directions: On S Broad St, a few blocks south of E Emmet St
• Driveway: Gravel
• Exterior Material: Wood Siding
• Extras: Garages
• For Tax Year: 2023
• Heat Source: Natural Gas 3
• Heat Type: Forced Air
• Heating: Forced Air
• List Price Sq Ft 2: 48.37
• Lot Dimensions: 66 x 132
• Lot Size Area: 0.2
• Lot Size Square Feet: 8712
• Lot Size Units: Acres
• MLS Area Major: Battle Creek - B
• MLS Area Minor: Battle Creek - B
• Main Type: Multi Family
• Municipality: Battle Creek City
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 4
• Owner Pays: Electricity 2, Gas 3, Water 4
• Parcel Number: 52-6770-00-024-0
• Parking Features: Driveway, Gravel
• Property Sub-Type: 2 to 4 Units
• Road Frontage: 66
• Road Surface Type: Paved
• Roof: Composition
• Roofing: Composition
• SEV: 49994
• Sewer: Public Sewer 5
• Spec Assessment Ty: none known
• Street Type: Paved 2, Public 3
• Substructure: Full, Michigan Basement
• Tax Annual Amount: 2716
• Tax Legal Description: ASSRS PLAT OF PIPERS SUB LOT 24
• Tax Year: 2023
• Tax Year 2: 2022
• Taxable Value: 43127
• Tenant Pays: Trash 3
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 2272
• Total Num Bldgs: 1
• Total Num Units: 4
• Township: Battle Creek City
• Util Availat Street: Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water
• Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
• Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
• Water: Public Water 4
• Zoning 3: Res R 3
• Zoning Description: Res R3