About 51400 Ashley St
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!
Features of 51400 Ashley St
| MLS® # | 58050184654 |
|---|---|
| Price | $700,000 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 5,320 |
| Acres | 0.71 |
| Year Built | 1958 |
| Type | Multifamily |
| Sub-Type | Apartment |
| Style | Apartment |
| Status | Pending |
Community Information
| Address | 51400 Ashley St |
|---|---|
| Area | 03201 - New Baltimore |
| Subdivision | SCHNOOR'S ASHLEY PARK |
| City | New Baltimore city |
| County | Macomb |
| State | Michigan |
| Zip Code | 48047 |
Amenities
| Parking | 3 Car Garage, Attached, Carport |
|---|---|
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Oven, Refrigerator, Range, Washer |
|---|---|
| Heating | Forced Air, Natural Gas, Radiant, Separate Meters |
| Cooling | Ceiling Fan(s), Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Construction | Aluminum Siding, Brick |
|---|---|
| Foundation | Crawl Space |
School Information
| District | Anchor Bay |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KW Platinum |
|---|---|
| Contact Info | pam@pammackay.com |