$ 332,000
-
$332,000
Price -
6
Bed -
5
Bath -
3,000
SqFt
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Open House Times
- Sun. Sep. 14 at 12:00pm to 1:30pm
About the Listing 994 - 451998
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!
Listing Highlights for 5054 Gratiot
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
50185537
Year Built
1960
Total Square Footage
3,000
Lot/Acreage
0.55
County
St. Clair
Neighborhood
N/A
Area
St Clair Twp (74047)
School District
Marysville Public School District
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances: Range/Oven, Refrigerator
- Air Cond: Wall/Window A/C
- Heating: Wall Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3000
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Other-See Remarks,Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 125 x 175
- Roof:
- Others: Patio,Sidewalks
- Sewer: Septic
- Parking Features: Detached Garage,3 or More Spaces,Lighted
Financial Details
- Tax Amount: $4,361
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
5054 Gratiot Saint Clair, MI 48079
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