21 Spring St Battle Creek, MI 49037
- 1031 exchange properties
- 3,845 SF
Current Use by Public Records
- 1031 exchange properties
Property Details for 21 Spring St
- Year built
- 1920
- Property size
- 3,845 SF
- Property type
- 1031 exchange properties
- Property subtype
- Residential income homes
- APN
- 52-5880-00-047-0
Description
This exceptional investment opportunity presents a charming six-unit multifamily property situated at 21 Spring Street in Battle Creek, Michigan. Built in 1920, this single-building property boasts a total of 3,845 square feet and sits on a parcel identified by APN 52-5880-00-047-0. The property's unit mix includes two two-bedroom units, two one-bedroom units, and two studio units, offering a diverse range of rental options. The property is conveniently located just blocks from downtown Battle Creek, providing tenants with easy access to local amenities and services. While a detailed profit and loss statement, trailing twelve months' financial data, and rent roll are not currently available, the property is projected to generate an annual rental income of $51,600. Due to the current occupancy, showings are strictly limited to prospective buyers who have submitted an accepted offer or letter of intent. This presents a unique chance to acquire a well-positioned multifamily investment in a desirable location. The asking price for this property is $450,000. Serious inquiries only.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Battle Creek
- County
- Calhoun
- State
- Michigan
- Longitude
- -85.1971272
- Latitude
- 42.3158444
