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
- Active
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 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!
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Home facts
- Year built:1960
- Listing ID #:50185536
- Added:136 day(s) ago
- Updated:January 02, 2026 at 11:11 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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