Three-Unit Ranch Income
5469 Parker Road Fort Gratiot, MI 48059
5469 Parker Road, Fort Gratiot, MI, 48059
$195,000
For Sale
$195,000
MULTI_FAMILY - Ranch - Fort Gratiot, MI
Property Size1,880 SF
Lot Size0.34 Acres
Price / SF$103.72
Days on Market17
Property Features for 5469 Parker Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
- Fireplace
- 1
- Standard status
- Active
- APN
- 74-20-008-2005-000
- Size
- 1,880 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2572
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Number of units
- 3
- Architectural style
- Ranch
Listing agency
KW Platinum Port Huron
(810) 385-0600
Listed by
Brian Frey · License #6501399921
(810) 662-1888
Added: Jul 6 Checked: Jul 22 at 9:06AM
MLS# 50213902
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Investment Insights
Based on property information with market context.
This well-maintained three-unit ranch offers a straightforward setup for rental income and flexible occupancy. Two units are currently generating income, with one unit rented for $950/month and a studio unit rented for $700/month. The third unit is vacant, providing options for the next owner, whether that means moving in while collecting rent from the occupied units or leasing the remaining space.
Located in Fort Gratiot, the property is described as being just one block from the water, with access to nearby parks, shopping, and everyday amenities. Set on 0.34 acres, the site supports a convenient, owner-friendly lifestyle while maintaining its income-producing character.
For investors and owner-occupants, the mix of occupied units and a vacant unit can simplify short-term decision-making and future planning. The current structure supports a live-in arrangement with rental income from two units, while also allowing a buyer to pursue full occupancy by placing the vacant unit into service. Offered for sale as a multi-family property, it’s a practical fit for those looking for an on-site option in a well-kept three-unit configuration.
Located in Fort Gratiot, the property is described as being just one block from the water, with access to nearby parks, shopping, and everyday amenities. Set on 0.34 acres, the site supports a convenient, owner-friendly lifestyle while maintaining its income-producing character.
For investors and owner-occupants, the mix of occupied units and a vacant unit can simplify short-term decision-making and future planning. The current structure supports a live-in arrangement with rental income from two units, while also allowing a buyer to pursue full occupancy by placing the vacant unit into service. Offered for sale as a multi-family property, it’s a practical fit for those looking for an on-site option in a well-kept three-unit configuration.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit ranch with two rented units and a vacant third for flexible owner-occupant use.
Where is this triplex located?
The property is located at 5469 Parker Road Fort Gratiot, MI.
What is the asking price?
The asking price for this property is $195,000.
