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5054 Gratiot, Saint Clair, MI 48079

Local realty services provided by:CENTURY 21 Realty North
5054 Gratiot,Saint Clair, MI 48079
$268,000
  • 6 Beds
  • 5 Baths
  • 3,000 sq. ft.
  • Single family
  • Pending
Listed by: renee bacon
Office: kw platinum
MLS#:50185536
Source:MI_REALSOURCE

Price summary

  • Price:$268,000
  • Price per sq. ft.:$89.33

About this home

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

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Home facts

  • Year built:1960
  • Listing ID #:50185536
  • Added:163 day(s) ago
  • Updated:January 29, 2026 at 09:19 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,000 sq. ft.

Heating and cooling

  • Cooling:Wall/Window A/C
  • Heating:Electric, Forced Air, Natural Gas, Wall Heat

Structure and exterior

  • Year built:1960
  • Building area:3,000 sq. ft.
  • Lot area:0.55 Acres

Utilities

  • Water:Private Well
  • Sewer:Septic

Finances and disclosures

  • Price:$268,000
  • Price per sq. ft.:$89.33
  • Tax amount:$4,361

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