5054 Gratiot AVE, Saint Clair Township, MI 48079
Local realty services provided by:CENTURY 21 Dynamic Realty
5054 Gratiot AVE,St, MI 48079
$268,000
- 6 Beds
- 5 Baths
- 3,000 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Dec 2112:00 pm - 01:30 pm
Listed by: renee bacon
Office: kw platinum
MLS#:58050185537
Source:MI_REALCOMP
Price summary
- Price:$268,000
- Price per sq. ft.:$89.33
About this home
**Open House- Sunday 12/21 from 12-1:30pm** Discover this updated, income-generating 5-unit apartment building on a .55 acre lot, with a large garage! Unit updates include some flooring, paint, 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. This property does have some deferred maintenance and is in need of some upgrades- an exceptional value-add opportunity for investors or entrepreneurs! 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 used only for the furnace and hot water tanks-- this property is both profitable and efficient. Five separate electric meters add convenience 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 this 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. A well & septic inspection have already been done- Contact the listing agent today for full details on this versatile investment!
Contact an agent
Home facts
- Year built:1960
- Listing ID #:58050185537
- Added:125 day(s) ago
- Updated:December 17, 2025 at 11:53 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Electric, Forced Air, Natural Gas, Wall Furnace
Structure and exterior
- Year built:1960
- Building area:3,000 sq. ft.
- Lot area:0.55 Acres
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$268,000
- Price per sq. ft.:$89.33
- Tax amount:$4,361
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