5054 gratiot avenue, saint clair, MI 48079

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!

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Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Listing By: Renee Bacon of KW Platinum, Phone: 586-949-0200