561 Garrison Road, Battle Creek, MI 49017 (MLS# 25050340)

561 Garrison Road, Battle Creek, MI 49017

$1,795,000

Property Type: Multi Family Lot Size (sq. ft.): 187,308 Status: Pending

Current Price: $1,795,000 List Date: 10/01/2025 Last Modified: 12/19/2025

Description

Well-maintained multi-unit property on Garrison Rd in Battle Creek, offering a solid opportunity in a convenient location. The building includes multiple apartments with practical layouts, natural light, and on-site parking. Units have been maintained with updates over time that support durability and long-term function while retaining a straightforward design. Positioned near shopping, services, and major roadways, the property offers convenience and accessibility for residents. Financial performance has been strong, with September rent collections totaling $27,806 and more than $85,900 collected from June through September. At full occupancy, the property is projected to generate over $30,000 per month, highlighting both its stability and potential. With a track record of consistent occupancy, solid income, and room for future improvements, this property combines location, functionality, and reliable operations to present a dependable option in the Battle Creek market

More Information MLS# 25050340

Location Property Info

County: Calhoun Street #: 561 Street Name: Garrison Suffix: Road State: MI Zip Code: 49017 Area: Battle Creek - B

OfficeContract Info

Status: Pending Current Price: $1,795,000 List Price: $1,795,000 Listing Date: 2025-09-30

General Property Info

Lot Measurement: Acres Lot Square Footage: 187308 Lot Acres: 4.3 Lot Dimensions: 1X1 Year Built: 1964 New Construction: No Financial Comments: See financial records Cert of Compliance: Yes Road Frontage: 350 Total # Units: 10 # of Diff Unit Floor Plans: 1 Total # Bldgs: 1 Total Parking Spaces: 16 Waterfront: No School District: Pennfield Association YN: No

Tax Info

Tax ID #: 13-18-570-054-13 Taxable Value: 9640 SEV: 332000 For Tax Year: 2025 Seller's Annual Property Tax: 9640.17 Tax Year: 2025 Zoning: MULTI FAMILY

Remarks Misc

Directions: Roosevelt to Garrison

Status Change Info

Under Contract Date: 2025-11-12

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 11382 Annual Maintenance: 5500 Annual Utilities: 15374 Gross Op. Inc.: 333671.76 Net Operating Income: 270897.59 Operating Expense: 62774.17

Unit 1

Unit #: 1 Unit Description: 1 bathroom SqFt: 1075 Occupied: Yes Bathrooms: 1 Full Baths: 1