51400 Ashley Street, New Baltimore, MI 48047

$700,000
12
BD
8
BA
5,320
SqFt

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Sold Price
$700,000
List Price
$700,000
Status
CLOSED
MLS#
50184654
Days on Market
22
Year Built
1958
Closing Date
Oct 24, 2025
Bedrooms
12
Bathrooms
8
Acres
0.71
Living Area
5,320
Municipality
New Baltimore
Region
New Baltimore
Township
New Baltimore
Subdivision
Schnoor's Ashley Park

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!

Additional Information

Lot Dimensions
173 x 216 x 147 x 218
Heating
Electric, Forced Air
Cooling
Ceiling Fan(s), Wall/Window Unit(s)
Appliances
Dishwasher, Disposal, Dryer, Range/Oven, Refrigerator, Washer
Sewer
Public Sanitary
Foundation
Crawl
Water
Public
Garage Spaces
3
School District
Anchor Bay School District

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Calculator source: Real Geeks

Listing Courtesy of KW Platinum, Office Phone: 586-949-0200

Selling Office: Keller Williams Lakeside.

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.