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830 Gates Avenue, Ypsilanti, MI 48198

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For Sale

$222,000

3 beds • 1 baths • 850 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $261.18
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 20251019841

Courtesy Of eXp Realty
811 N. Main St., Royal Oak, MI 48067
(888) 501-7085

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Microwave, Range, Range - Gas, Refrigerator
  • Architecture Style
    Ranch
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 830 Gates Avenue, Ypsilanti, MI 48198

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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