47520 Jefferson Ave, New Baltimore, MI 48047

$440,000 Asking Price

3 beds
3 baths
3,048  sqft
Built in 1955

Situated on a half-acre lot with frontage on Jefferson and Forton roads, this property comprises two buildings offering versatility and potential. The first 2,030 sq ft building features 2 recently renovated apartments: A spacious 1-bedroom loft-style apartment at the rear, & another 2-bedroom apartment on the second floor. Both apartments have been fully updated with fresh paint and new hardwood floors. Building also houses two office suites upfront. The second building is a 1,155 sq ft heated and cooled six-car garage, perfect for various uses with its built-in ventilation system. Strategically located just 3 minutes from the Selfridge boat launch, this property offers easy access to marinas, shopping, restaurants, and Selfridge Air National Guard Base. Plus, it's a short distance fromI-94 for seamless commuting. With its practical layout and lucrative potential, this property is a solid investment opportunity.


Features & Amenities

Interior

Heating:
Natural Gas, Forced Air

Exterior

General:
Cinder Block,Shingle Siding
Style:
Cottage

Construction

General:
2 Story, Slab

Location

Originating MLS:
MiRealSource
School District:
Anchor Bay School District
County:
Macomb

Lot

Zoning:
SUPERVISOR'S PLAT NO 2 SWLY 1.5 FT LOT 47 AND ALL LOT 48 ADJ., 15-09-28-404-002

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
MiRealSource

This listing courtesy of:
RE/MAX First, John F Zangara

About New Baltimore, MI

Housing

Number of Units
23,389
Median Home Value
$209,057
Median Rent
$850

18.45% of housing units are renter occupied.

3.73% are vacant.

Commute

Car
76.59%
Public Transportation
0.60%
Walk to Work
0.46%
Work from Home
21.99%
Other
0.17%

The median travel time to work is 25 minutes.

People

Population
57,567
Median Age
40.30
Median Household Size
2.79

Education

High School
25.81%
Associate’s Degree
14.48%
Bachelor’s Degree
16.63%
Graduate Degree
9.24%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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