$1,990,000
$1M PRICE DROP

Estimated payment $12,932/month

Total Views 11,783
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Exclusive Multifamily Investment Package in Battle Creek! 7 Buildings/ Parcels. 28 Units total. $237,600/ yr. in gross income!

This is a package deal and must be sold together. Addresses are: 1305 Lake View Ave, 1309 Lake View Ave, 1302 Lake View Ave, 125 S. 22nd St, 3 S. 25th St, and 7 S. 25th St.

Listing Agent

Andrea Gotcher

Resource Realty Group License #6502431234 Listed on: 09/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,950

Year Built

  • Built in 1967

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 99' x 155.84'

Parking

  • 30 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7 Fireplaces

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • 7 Buildings
  • 28 Units

Listing and Financial Details

  • The owner pays for gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,950

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1967
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 99' x 155.84'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 28
  • General Property Info:Total _pound_ Bldgs: 7.0
  • Heat Type:Forced Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 7
  • Basement: Other
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • List Price: 1990000.0
  • Number of Buildings: 7
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 30.0
  • General Property Info:Total Parking Spaces: 30.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Dimensions: 99' x 155.84'
  • Lot Size Sq Ft: 15246.0

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Electric, Water

Multi Family

  • Number of Units Total: 28

Tax Info

  • Tax Annual Amount: 27950.0
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $79,300 $0 $0
2024 $3,773 $74,343 $0 $0
2023 $3,709 $72,433 $0 $0
2022 $2,641 $61,535 $0 $0
2021 $3,607 $57,739 $0 $0
2020 $3,285 $54,822 $0 $0
2019 $3,310 $52,963 $0 $0
2018 $3,310 $50,004 $5,223 $44,781
2017 $3,334 $52,800 $0 $0
2016 $3,325 $52,800 $0 $0
2015 $3,191 $50,732 $5,731 $45,001
2014 $3,191 $50,732 $5,731 $45,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Price Changed $1,990,000 -20.4% --
09/24/2024 09/24/24 Price Changed $2,500,000 -16.6% --
09/12/2024 09/12/24 For Sale $2,999,000 +605.6% --
01/31/2023 01/31/23 Sold -- -- --
01/06/2023 01/06/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $425,000 0.0% --
12/02/2022 12/02/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $425,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $442,888 Chicago Title
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 Commercial
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24048247

Southwestern Michigan Association of REALTORS®

APN: 3700-07-812-0