MI
MI 48079,5054 Gratiot Avenue
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MI 48079,5054 Gratiot Avenue
MI 48079,5054 Gratiot Avenue
MI 48079,5054 Gratiot Avenue
MI 48079,5054 Gratiot Avenue
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Mark Brace

Mark Brace

+1(616) 447-7025
$ 332,000
Est. payment /mo
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Active

5054 Gratiot Avenue MI 48079

6 Beds

5 Baths

3,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $110

MLS Listing ID 50185536

Bedrooms 6

Full Baths 5

Year Built 1960

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 92 x 308 x 109 x 251

Property Sub-Type Single Family Residence

Source MiRealSource

Property Description

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!

Location

State MI

County St. Clair

Area St. Clair County - 90

Rooms

Basement Slab

Interior

Heating Forced Air, Wall Furnace

Cooling Wall Unit(s)

Appliance Oven, Range, Refrigerator

Exterior

Exterior Feature Patio

Parking Features Detached

Garage Spaces 2.5

View Y/N No

Garage Yes

Building

Sewer Septic Tank

Structure Type Vinyl Siding

Schools

School District Marysville

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by KW Platinum
Mark Brace

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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