530 Capital SW Avenue Pending

Battle Creek,MI 49015

$ 217000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24058762

Year Built 1900

Annual Tax Amount $1,574

Tax Year 2024

Lot Size 4,334 Sqft

Property Description

This four-unit apartment complex presents an excellent investment opportunity. Each unit is equipped with its own electric meter, simplifying the management of individual tenant utility costs since tenants pay their own electricity bills. The building features central heating, with the cost covered by the owner, a desirable trait that draws tenants. Consider living in one unit and letting the property generate your income.

The complex includes a communal laundry room. It's situated in a robust rental market, close to amenities, offering a stable investment with consistent income potential. The well-kept building promises high occupancy rates and reliable rental revenue. For a property viewing, reach out to Herb & Diane Bishop at (269) 223-1497.

Location

State MI

County Calhoun

Area Battle Creek - B

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Laundry Common Area,In Basement

Exterior

Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected,Water Available,Sewer Available,Storm Sewer

View Y/N No

Roof Type Composition

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Stucco,Wood Siding

New Construction No

Schools

School District Battle Creek

Others

Acceptable Financing FHA,Cash,Conventional

Listing Terms FHA,Cash,Conventional

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