16 Vale Street, Battle Creek, MI 49014

$120,000
Property Type: Multi Family Lot Size (sq. ft.): 5,663 Status: Sold
Current Price: $99,900 List Date: 11/15/2024 Last Modified: 3/07/2026

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.

More Information MLS# 24059615

Location & Property Info

Cross Streets: Vale St. & Michigan Ave. Property Sub-Type: 2 to 4 Units Area: Battle Creek - B Municipality: Battle Creek City Subdivision: Caines Addition Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 50.2

General Property Info

New Construction: No Lot Dimensions: 41.25 x 132 Road Frontage: 41.25 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2025-10-23 Waterfront: No Basement: Yes Total # Units: 3 # of Diff Unit Floor Plans: 3 Total # Bldgs: 1 Total Approx. SqFt All Bldgs: 1990 Total Parking Spaces: 5 School District: Battle Creek Lot Measurement: Acres Lot Square Footage: 5663 Lot Acres: 0.13 Year Built: 1920

Tax Info

Taxable Value: 22507 SEV: 43111 For Tax Year: 2023 Seller's Annual Property Tax: 1487 Tax Year: 2023 Homestead %: 0 Spec Assessment & Ty: None Zoning: R1B Tax ID #: 52-1490-00-064-0

Remarks & Misc

Public Remarks: 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. Legal: CAINES ADD S 41.25 FT OF LOT 55

Status Change Info

Sold Price/SqFt: 60.3 Under Contract Date: 2024-12-11 Sold Date: 2025-03-06 Sold Price: $120,000

Lot Description

Sidewalk: 1

Street Type

Paved: 1 Public: 1

Util Avail at Street

High Speed Internet: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Laundry Features

In Basement: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Gravity: 1

Air Conditioning

None: 1

Access Feat

Accessibility Features: No

Tenant Pays

None: 1

Driveway

Gravel: 1

Substructure

Michigan Basement: 1

Owner Pays

Electricity: 1 Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit #: 1 Unit Description: 1st Floor SqFt: 995 Occupied: Yes Monthly Rent: 1000 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 Deck/Patio: 1 Range Oven: 1

Unit 2

Unit #: 2 Unit Description: 2nd Floor Front Occupied: No Monthly Rent: 900 Bedrooms: 1 Bathrooms: 1 Full Baths: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1

Unit 3

Unit #: 3 Unit Description: 2nd Floor Back Occupied: Yes Monthly Rent: 900 Bedrooms: 1 Bathrooms: 1 Full Baths: 1 Range/Oven: 1 Refrigerator: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Calhoun Street #: 16 Street Name: Vale Suffix: Street State: MI Zip Code: 49014 Zip (4): 6329

OfficeContract Info

Status: Sold Current Price: $120,000 List Price: $99,900 Listing Date: 2024-11-15

Remarks Misc

Directions: From Downtown Battle Creek, head east on Michigan Ave, then South on Vale St.

Property Features

Laundry Features: In Basement Exterior Material: Wood Siding Roofing: Composition Substructure: Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: High Speed Internet; Storm Sewer Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Gravity Air Conditioning: None Driveway: Gravel Street Type: Paved; Public Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Range Oven Unit 2: Deck/Patio; Range/Oven; Refrigerator Unit 3: Range/Oven; Refrigerator
Listing Office: Keller Williams Kalamazoo Market Center
Listing Agent: Michael J Delmont
IDX
Last Updated: March - 07 - 2026
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