830 Gates Avenue,
Ypsilanti,
MI
48198
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 remainmaking 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 lawnperfect for tenant outdoor usewith 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 2448 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.
This is an Active listing.
Broker Office Phone Number: 888-501-7085
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