5054 Gratiot Rd Saint Clair, MI 48079
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Overview
BEG ON N 1/8 LINE W 374.69' FROM ITS INT/SEC WITH N LINE US-25, TH S 31D 45M E 191.97', TH S 58D 18M W 87.31', TH N 31D 45M W
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5054 Gratiot Ave5054 Gratiot Ave Saint Clair, MI. 48079-1433 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!More Information
- MLS Number: 58050185536
- Price: $275,000.00
- Listing Start Date: 11/06/2025
- Current MLS Status: Active
- Status Date: 11/06/2025
- Original Listing Price:
- Year Built: 1960
- Square Footage: 3000
- Price per SqFt: $91.67
- Bedrooms: 6
- Full Bathrooms: 5
- Total Tax: $4,361
- Has Basement: No
- Down Payment Assistance: Call us for resources
Public Record Information
- Estimated Value: n/a
- Square Footage: --
- Lot Area: acres (-- sqft)
- Price per SqFt: $0.00
- Year Built:
- Bedrooms: n/a
- Full Bathrooms: n/a
- Taxes (from public record): --
- Approx. Loan Amount: $0
- Build Quality: D
- Floor Types:
- Amenities:
- Heating Types: Forced Air Unit
- Legal Description: BEG ON N 1/8 LINE W 374.69' FROM ITS INT/SEC WITH N LINE US-25, TH S 31D 45M E 191.97', TH S 58D 18M W 87.31', TH N 31D 45M W
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Current APN
(Assessor's Parcel Number): 74-30-002-2021-000 (74300022021000) - General Land Use: Residential
- County Land Use: Single Family Residential (401)
- Owner City: East China, MI
Valuation
Exact Location
Transaction History
| Sale Date | Sale Price | Arm's-Length |
|---|---|---|
| 05/14/2019 | $210,000 | Yes |
| 01/15/2008 | Yes |
Schools Nearby
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