5054 Gratiot Avenue St. Clair Twp, MI 48079
Listing Courtesy of: REALCOMP / Kw Platinum

  5054 Gratiot Avenue St. Clair Twp, MI 48079

Active (55 Days)
$299,900 (USD)
5
BATH
3,000
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sun, Oct 12
    12 noon - 1:00 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 #:
58050185537
Lot Size
0.55 acres
Type
Multifamily
Year Built
1960
School District
Marysville
County
St. Clair County

Listed By

Renee Bacon, Kw Platinum
Source
REALCOMP
Last checked Oct 12 2025 at 6:52 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Subdivision
  • N/A
Property Features
  • Foundation: Slab
Heating and Cooling
  • Forced Air
  • Wall Furnace
  • Wall Unit(s)
Utility Information
  • Utilities: Well (Existing), Other
  • Sewer: Septic Tank (Existing)
  • Fuel: Electric, Natural Gas
Stories
  • 2 Story
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 06, 2025
Price Changed
$299,900
-3%
-10,100
Sep 23, 2025
Price Changed
$310,000
-7%
-22,000
Aug 18, 2025
Original Price
$332,000
-
-
Disclaimer: Copyright 2024 RealComp MLS. 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 6/4/24 07:12