MI > St. Clair Twp
St. Clair Twp, MI 48079,5054 Gratiot Avenue
St. Clair Twp, MI 48079,5054 Gratiot Avenue
St. Clair Twp, MI 48079,5054 Gratiot Avenue
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Matthew Stransky

Matthew Stransky

+1(248) 765-8788
$332,000
Est. payment /mo
6 Beds
5 Baths
3,000 SqFt
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Open House

Sun Aug 31, 12:00pm - 2:00pm

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Key Details

Property Type Single Family Home, Condo

Sub Type Apartment,Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $110

MLS Listing ID 58050185536

Style Apartment,Other

Bedrooms 6

Full Baths 5

HOA Y/N yes

Year Built 1960

Annual Tax Amount $4,361

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 92 x 308 x 109 x 251

Property Sub-Type Apartment,Other

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 Twp

Rooms

Kitchen Oven, Range/Stove, Refrigerator

Interior

Hot Water Natural Gas

Heating Forced Air, Wall Furnace

Cooling Wall Unit(s)

Fireplace no

Appliance Oven, Range/Stove, Refrigerator

Heat Source Electric, Natural Gas

Exterior

Parking Features Detached

Garage Description 2.5 Car

Porch Patio

Road Frontage Paved

Garage yes

Private Pool No

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Other, Well (Existing)

Architectural Style Apartment, Other

Level or Stories 2 Story

Additional Building Other, Garage

Structure Type Vinyl

Schools

School District Marysville

Others

Tax ID 300022021000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Renee Bacon of KW Platinum

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agent

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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5054 Gratiot Avenue

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