$222,000 for Sale
830 gates avenue, ypsilanti, MI 48198
| Beds 3 | Baths 1 | 850 Sqft | 0.14 Acres |
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Property Description
INVESTOR-READY | TURNKEY INCOME PROPERTY – MLS ONLY LISTING (Contact Property Manager Directly) Perfect for both seasoned and first-time investors, this fully renovated all-brick ranch features 3 bedrooms, 1 bathroom, and is currently tenant-occupied under a month-to-month lease. The reliable tenant has resided in the property for over 3 years, paying $1,850/month through a State of Michigan Section 8 program, and is eager to remain - making this a seamless, cash-flowing, turnkey opportunity from day one. The home has been thoughtfully updated throughout, featuring new flooring, fresh paint, updated fixtures, and a refinished jetted Jacuzzi tub. The kitchen and bathroom boast new faucets, and some new windows in the living room enhance both natural light and energy efficiency. Major mechanical systems have also been upgraded, including a newer furnace, central air, electrical system, and stylish black appliances (stove, microwave, and refrigerator). Enjoy a large, fully fenced backyard and a well-maintained lawn - perfect for tenant outdoor use - with a private driveway offering off-street parking. Located near major freeways, shopping, and public transit, this property offers convenience and long-term rental appeal. Property is being sold as-is and does not have a basement. Investors should allow 24–48 hours for showings. Cap rate supports pricing based on stable, government-backed rental income. Investor financing available through Chandra Lake, Licensed Mortgage Loan Officer (NMLS# 1878842), NEXA Mortgage. BATVAI.
General Information
Sale Price: $222,000
Price/SqFt: $261
Status: Active
MLS#: rcomi60921779
City: ypsilanti twp
Post Office: ypsilanti
Schools: ypsilanti public school district
County: Washtenaw
Subdivision: south devonshire
Acres: 0.14
Lot Dimensions: 120 X 140 X 120 X 140
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 850 sq.ft.
Acreage: 0.14 est.
Year Built: 1966
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Bedroom 1: 10x14
Bedroom 2 : 8x12
Bedroom 3: 10x10
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen: 10x18
Livingroom:
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick
Exterior Misc: Fenced Yard
Basement: No
Foundation : Slab
Appliances: Microwave,Range/Oven,Refrigerator
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary,Public At Street
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $2,720
Est. Winter Taxes: $2,243
HOA fees:
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Listing By: Chandra Lake of EXP Realty Main, Phone: 888-501-7085
