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5054 Gratiot, Saint Clair, MI 48079

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For Sale

$289,900

6 beds • 5 baths • 3,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $96.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

** Open House this Saturday 11/9, from 12:30-2pm!! ** Discover this updated, income-generating 5-unit apartment building an exceptional opportunity for investors or entrepreneurs! Unit updates include flooring, fresh paint, updated closets, and bathroom upgrades. Recent major improvements include two 50-gallon hot water tanks and roof work (2024), a new well pump & pressure regulator, and a septic system that's professionally serviced annually. The property features three 1 bed/1 bath units, one 1+/1 unit, and one 2 bed/1 bath unit, plus a spacious 2.5-car garage with ample parking. With $3,650 in monthly rental income, lower township taxes, and natural gas only used for the furnace and hot water tanks-- this property is both profitable and efficient. Five separate electric meters add convenience for tenants and ease of management. Additional permitted uses expand the potential of this property even further! Consider operating a daycare center, bed & breakfast, senior day care facility, or even running your own business from the property. Ideally located just minutes from the expressway and downtown Marysville, within the desirable Marysville School District (St. Clair Township mailing address), this property offers privacy, accessibility, and multiple income opportunities. Contact the listing agent today for full details on this versatile investment!
MLS# 50185537

Courtesy Of Keller Williams Realty Macomb-St. Clair Market Center
31525 23 Mile Road, Chesterfield, MI 48047
(586) 949-0200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.55 Acres

Map and Directions

Directions to 5054 Gratiot, Saint Clair, MI 48079

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(313) 274-7200
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.