$165,000

15 S Broad Street S, Battle Creek, MI 49017

Multi-Family Home
Built in 1900
8,712sqft lot
—— car garage
$——/sqft
Listed 1 month ago

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!

Listing Status:: Pending
Date Added:: March 2, 2026
Data Last Updated:: April 3, 2026 at 7:36AM
Listing Office:: NextHome ONE of Kalamazoo : 269-220-0430
Listing Agent:: Zac L Folsom : 269-370-1085
MLS ID:: 26007499

Laundry: Common Area
Basement: Full
Heating: Forced Air

Parking: Parking spaces: 6

Roofing: Composition
General: Wood Siding

Originating MLS: Michigan Regional Information Center (MichRIC)
School District: Battle Creek
County: Calhoun

Zoning: ASSRS PLAT OF PIPERS SUB LOT 2452-6770-00-024-0

Utilities: Natural Gas ConnectedElectricity ConnectedElectricity Available
Water: Public Water
Sewer: Public Sewer

Source: Michigan Regional Information Center (MichRIC)

This listing courtesy of Zac L Folsom , NextHome ONE of Kalamazoo

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Verona Elementary School

825 Capital Ave NE, Battle Creek, MI, 49017

Grades 3-5

0.68 miles away

Wk Kellogg Preparatory High School

100 Van Buren St W, Battle Creek, MI, 49017

Grades 8-12

0.98 miles away

Battle Creek Central High School

100 Van Buren St W, Battle Creek, MI, 49017

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.