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Keller Williams

1110-1114 Ashmun ST, Sault Ste Marie, MI 49783

$397,500
Property Type: MultiFamily Status: Active
Current Price: $397,500 List Date: 5/06/2026 Last Modified: 7/07/2026

Overview

Description

Don't miss this income-producing multi-unit property located in the heart of Sault Ste. Marie. Featuring a strong rental history and consistent occupancy, this property offers immediate cash flow and long-term investment potential. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity worth exploring. Conveniently located near local amenities, shopping, dining, and downtown attractions. Financial information available to qualified buyers. Owner is a licensed Real Estate Agent in the state of Michigan.

Listing Details MLS# 26-238

Contract Information

For Sale or Rent
For Sale

Property Information

Type
Duplex
Realtor.com Type
Multi-Family
Garage
No
Basement
Yes
Utilities
Separate
Number of Units
5
Source of sq. ft.
Other
Waterfront
No
Water View
No
Property Condition
GOOD
Parking
YES
Duplicate
No

Location Tax and Legal

Area
12 - Sault Ste. Marie (East)
Unit #/St #/Space #
1110-1114
Street Name
Ashmun
Street Suffix
ST
State
MI
Zip Code
49783
County
CHIPPEWA

Directions and Remarks

Directions
SOUTH OF EASTERDAY ON THE WEST SIDE OF THE ROAD
Hot Sheet Comment
price

Annual Income

Total Gross
46780
Net Income
34151.6

Annual Expenses

Insurance
2304.96
Other
1620
Electric
1418.57
Heat
1415.08
Water
1436.51
Total Expenses
8195.12

More Information

Unit 1

# Bedrooms
Yes
# Baths
Yes
Rent
725
Aprox SqFt
748
Location
Yes
Occupied
Yes
Appliances Incl
YES
Rooms
6

Unit 2

Rooms
5
# Bedrooms
Yes
# Baths
Yes
Rent
775
Aprox SqFt
784
Location
2
Occupied
Yes
Appliances Incl
YES

Unit 3

Rooms
4
# Bedrooms
Yes
# Baths
Yes
Rent
775
Aprox SqFt
504
Location
3
Occupied
Yes
Appliances Incl
YES

Unit 4

Rooms
3
# Bedrooms
2
# Baths
Yes
Rent
775
Aprox SqFt
480
Occupied
Yes
Appliances Incl
YES

Unit 5

Rooms
6
# Bedrooms
Yes
# Baths
Yes
Rent
1100
Aprox SqFt
760
Occupied
Yes
Appliances Incl
YES

Location, Tax and Legal

In City Limits
Yes
School District
Sault Ste Marie
Parcel ID
051-651-010-00, 651-011-00, & 651-012-00
Homestead Y/N
No
Taxes
4433.28
Tax Year
2025

Documents on File

Owner Operating Stmt
Yes

Possession

Subject to Tenants
Yes

Occupancy

Tenant
Yes

Exterior

Vinyl
Yes
Wood
Yes

Util Pd By Owner

Gas
Yes
Electricity
Yes
Water
Yes
Applies Some Units
Yes

Showing Instructions

24 Hr Notice
Yes
Appointment Only
Yes
See Private Remarks
Yes

Utilities P/B Renter

Gas
Yes
Electricity
Yes
Cable
Yes
Water
Yes
Garbage
Yes
Applies All Units
Yes

Miscellaneous

Security Deposits
Yes

Water & Sewer

Public Sewer
Yes
Public Water
Yes

Number of Stories

One
Yes
Two
Yes

Property Features

Documents on File: Owner Operating Stmt Occupancy: Tenant Exterior: Vinyl; Wood Util Pd By Owner: Gas; Electricity; Water; Applies Some Units Miscellaneous: Security Deposits Number of Stories: One; Two Possession: Subject to Tenants Showing Instructions: 24 Hr Notice; Appointment Only; See Private Remarks
Listing Office: RE/MAX NorthStar Realty
Listing Agent: Garth MacMaster Jr
Last Updated: July - 07 - 2026
Information deemed reliable but not guaranteed.