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51400 Ashley Street New Baltimore, MI 48047
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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,320 sqft
Price per Sqft $131
Subdivision Mi
MLS Listing ID 50184654
Sold Date 10/24/25
Style Other/See Remarks
Bedrooms 12
Full Baths 8
Year Built 1958
Annual Tax Amount $14,598
Lot Size 0.710 Acres
Acres 0.71
Lot Dimensions 173x216x147x218
Property Sub-Type Multi-Family
Property Description
Multiple offers, Highest and Best due 8/25/25 by 8 pm. ***Please see attached documents for rent roll and expenses*** Rare Find! Investor's dream! PLEASE do not walk the property and alarm the tenants. A 6 unit apartment building in the heart of New Baltimore! All units currently rented. 3 (2) bedrooms, 3 (1) bedrooms all with carports. 2 coin operated laundry facilities in the apartment building. Single meter for electric radiant heat in ceilings and water. Each unit pays their own individual electricty (lights, stove, A/C, etc.) and cable/internet. PLUS a 1,375 sq. ft. 3 bed, 2 bath bungalow with new vinyl flooring, newer water heater and an attached 3 car garage and workshop that is currently rented for $1,500/month. Roof on house is 2014. Furnace and A/C in house are older. House address is 51400 Ashley, apartment building is 51420 Ashley. All units are occupied so no showings until accepted offer and inspection. Please note: seller is pretty firm on the price. Don't wait, schedule your showing today!
Location
State MI
County Macomb
Area New Baltimore (50010)
Zoning Residential
Interior
Heating Electric Heat, Forced Air
Cooling Ceiling Fan(s), Wall/Window A/C
Fireplace No
Appliance Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Exterior
Exterior Feature Aluminum, Brick
Parking Features Attached Garage, Carport
Garage Spaces 3.0
Amenities Available Laundry Facility, Some Pet Restrictions
Building
Story Other/See Remarks
Foundation Crawl
Water Public Water
Structure Type Aluminum,Brick
Schools
School District Anchor Bay School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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