


Listing Courtesy of: MIREALSOURCE / Kw Platinum
5054 Gratiot Avenue Saint Clair, MI 48079
Active (54 Days)
$299,900 (USD)
OPEN HOUSE TIMES
-
OPENSun, Oct 1212 noon - 1:30 pm
Description
**Open House Sunday 10/12, from 12-1:30pm!!** 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 $3,750 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 #:
50185536
50185536
Taxes
$4,361
$4,361
Lot Size
0.55 acres
0.55 acres
Type
Single-Family Home
Single-Family Home
Year Built
1960
1960
Style
Other
Other
School District
Marysville Public School District
Marysville Public School District
County
St. Clair County
St. Clair County
Listed By
Renee Bacon, Kw Platinum
Source
MIREALSOURCE
Last checked Oct 12 2025 at 2:57 AM GMT+0000
MIREALSOURCE
Last checked Oct 12 2025 at 2:57 AM GMT+0000
Bathroom Details
- Full Bathrooms: 5
Interior Features
- Refrigerator
- Gas Water Heater
- Range/Oven
Lot Information
- Rural
Property Features
- Foundation: Slab
Heating and Cooling
- Forced Air
- Natural Gas
- Electric
- Wall Furnace
- Wall/Window Unit(s)
Basement Information
- Block
Utility Information
- Sewer: Septic Tank
Garage
- Garage
Parking
- Garage
- Lighted
- Total: 3
Stories
- 2
Living Area
- 3,000 sqft
Location
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Oct 06, 2025
Price Changed
$299,900
-3%
-10,100
Sep 24, 2025
Price Changed
$310,000
-7%
-22,000
Aug 18, 2025
Original Price
$332,000
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Disclaimer: Copyright 2023 MiRealSource, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The 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. Data last updated 7/20/23 10:38