$289,900

5054 Gratiot Avenue, Saint Clair, MI 48079

  • 6 beds |
  • 5 baths |
  • 3,000 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $97/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Listing Agent: Renee Bacon Broker: KW Platinum: ** Open House this Saturday 11/8, 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!

Listing Status:
Active
Listing Office:
KW Platinum : 586-949-0200
Listing Agent:
Renee Bacon : 810-357-9495
MLS ID:
50185536
  • Appliances: Range/OvenRefrigeratorGas Water Heater
  • Basement: Block
  • A/C: Wall/Window Unit(s)
  • Heating: ElectricNatural GasForced AirWall Furnace
  • Style: Other
  • Other Structures: Patio
  • Parking: GarageLightedParking spaces: 2
  • General: Vinyl SidingTwoSlab
  • Road/Access: City/CountyCountryRoad
  • Originating MLS: MiRealSource
  • School District: Marysville Public School District
  • County: St. Clair
  • Zoning: SFRRS-1 and Residential Rural/Residential Improved. Non-conforming with St Clair Twp.BEG ON N 1/8 LINE W 374.69 FT FROM ITS INT/SEC WITH IN LINE US-25TH S 310.45M E 191.97TH S 58D 18M W 87.31'TH N 31D 45M W 244.04'TH N 89D 7 1/2M E 101.7' TO BEG 0.55 A T5NR16E SEC 2
  • Water: Other-See RemarksPrivate Well
  • Sewer: Septic Tank
  • Source: MiRealSource

This listing courtesy of Renee Bacon, KW Platinum

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

905 16th St, Marysville, MI, 48040

Grades PK-5

1.74 miles away

M

Marysville Middle School

400 Collard Dr, Marysville, MI, 48040

Grades 6-8

2.47 miles away

M

Marysville High School

555 E Huron Blvd, Marysville, MI, 48040

Grades 9-12

2.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.