830 Gates Avenue Active Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48198
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $261
Subdivision Ypsilanti Twp
MLS Listing ID 20251019841
Bedrooms 3
Full Baths 1
Year Built 1966
Annual Tax Amount $4,963
Lot Size 6,098 Sqft
Property Sub-Type Single Family Residence
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.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Interior
Heating Forced Air
Exterior
Exterior Feature Fenced Back
View Y/N No
Building
Story 1
Sewer Public
Water Public
Structure Type Brick
Schools
School District Ypsilanti
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional