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5054 Gratiot
Saint Clair MI 48079 US

$268,000

Active Listing ID 50185536
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6 bed
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5.00 Bath (5 Full)
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Lot: 0.55 Acres
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Apartment

$268,000

Active Listing ID 50185536
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5054 Gratiot **Open House- Sunday 12/21 from 12-1:30pm** 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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Property Features

  • Facts
  • Lot Size: 0.55 Acres
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 5
  • Cooling System: Wall/Window Unit(s)
  • Exterior Finish: Patio
  • Heating Fuels: Forced Air, Wall Furnace
  • Additional Features
  • Patio

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 268000
  • unparsedaddress: 5054 Gratiot
  • postalcity: Saint Clair
  • stateorprovince: MI
  • country: US
  • postalcode: 48079
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.55
  • lotsizeunits: Acres
  • lotsizearea: 0.55
  • livingarea: 3000
  • livingareaunits: Square Feet
  • listagentfullname: Renee Bacon
  • listagentemail: reneebacon@kw.com
  • listagentkey: 3yd-MIREAL-451998
  • listagentmlsid: 451998
  • listagentpreferredphone: 8103579495
  • listagentofficephone: 5869490200
  • listofficekey: 3yd-MIREAL-994
  • listagentstatelicense: 6501422754
  • listofficemlsid: 994
  • disclaimer: Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MIREAL
  • yearbuilt: 1960
  • listingcontractdate: 2025-08-18
  • listagenturl: http://www.kellerwilliamsmacomb.com
  • countyorparish: St. Clair
  • parcelnumber: 30-002-2021-000
  • elementaryschooldistrict: Marysville Public School District
  • middleorjuniorschooldistrict: Marysville Public School District
  • highschooldistrict: Marysville Public School District
  • appliances: Range, Refrigerator
  • cooling: Wall/Window Unit(s)
  • constructionmaterials: Vinyl Siding
  • heating: Forced Air, Wall Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached, Workshop
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Patio
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty Macomb-St. Clair Market Center", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"reneebacon@kw.com", "ListBrokerageCity":"Chesterfield", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw249@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Realty Macomb-St. Clair Market Center", "ListBrokeragePhone":"(586) 949-0200", "ListBrokeragePostalCode":"48047", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"31525 23 Mile Road", "ListBrokerageWebsiteUrl":"http://www.kellerwilliamsmacomb.com", "ListOfficeAddress1":"31525 23 Mile Rd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chesterfield", "ListOfficeCountry":"US", "ListOfficeEmail":"phil@philgrosso.com", "ListOfficePostalCode":"48047", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment, 2 Story - Saint Clair, MI", "ListingURL":"https://listings.listhub.net/pages/MIREAL/50185536/?channel=rexren", "MLSModificationTimestamp":"2025-12-17T21:42:09Z", "Neighborhoods":[{"Description":null, "Name":"St Clair Twp (74047)"}], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Single Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/21/2025 6:03:42 PM GMT
Source Updated Date: 12/23/2025 6:43:39 PM GMT

Courtesy of: Renee Bacon, KW Platinum, reneebacon@kw.com

Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.