$120,000
$99,900
20.1%For more information regarding the value of a property, please contact us for a free consultation.
16 Vale Street Battle Creek, MI 49014
5,663 Sqft Lot
Key Details
Sold Price $120,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Battle Creek City
Subdivision Caines Addition
MLS Listing ID 24059615
Sold Date 03/06/25
Year Built 1920
Annual Tax Amount $1,487
Tax Year 2023
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 41.25 x 132
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Investor Alert! Don't miss out on this 3-unit apartment building located between Post & Kellogg's in Battle Creek, which will generate $2,800/month in rental income, this property well exceeds the 2% rule and will provide positive cash flow immediately.
The first floor features a spacious 2-bedroom, 1-bath unit, while the second floor offers two additional 2-bedroom, 1-bath units. All units are fully leased, providing immediate cash flow for a turn-key investment.
This property is a great addition to any portfolio. Whether you're a seasoned investor or starting out, this is your chance to secure consistent income with future growth potential.
Location
State MI
County Calhoun
Area Battle Creek - B
Direction From Downtown Battle Creek, head east on Michigan Ave, then South on Vale St.
Rooms
Basement Michigan Basement
Interior
Heating Gravity
Cooling None
Laundry In Basement
Exterior
Parking Features Driveway, Gravel
Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 5
Building
Lot Description Sidewalk
Structure Type Wood Siding
New Construction No
Schools
School District Battle Creek
Others
Tax ID 52-1490-00-064-0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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