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Jenn Smart

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5469 Parker , Fort Gratiot, MI 48059
$179,000
Est. Payment: $932.79/mo
3 Bed
3 Bath
1880 Sqft
Status: active | Days on site: 22
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Fantastic investment opportunity in desirable Fort Gratiot! This well-maintained 3-unit property is located just one block from the water, offering an attractive location for both tenants and owner-occupants. Two units are currently generating income, with one rented for $950/month and the studio unit rented for $700/month. The third unit is vacant, providing flexibility for the next owner—move in and enjoy owner-occupied living while collecting rental income, or lease the vacant unit to maximize cash flow. Whether you're looking to expand your investment portfolio or purchase a multi-family property with the option to live on-site, this versatile property offers excellent potential in a sought-after location close to the shoreline, parks, shopping, and everyday amenities.

Highlights

Listed by Brian Frey , 810-662-1888 and Brett Barnett , 269-366-0808 KW Platinum Port Huron , 810-385-0600. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.35

Year Built

1988

County

St. Clair

Area

Fort Gratiot Twp (74032)

Neighborhood

4050 Section (West)

School District

Port Huron Area School District

Listing ID

50213867

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Above Ground Sq Ft:1880
Below Ground Sq Ft:0
Water:Public Water

Exterior Features

Lot Dimensions:75x167
Sewer:Septic
Parking Features:Detached Garage
Principal Interest
$933
Taxes
$214

Home Price

$179,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$35,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$932.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $932.79 $214.31 $0.00 $1,147.10
Yearly $11,193.53 $2,571.73 $0.00 $13,765.26
Total $335,805.80 $77,151.90 $0.00 $412,957.70
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Fort Gratiot, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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