3 Beds
1 Bath
850 SqFt
3 Beds
1 Bath
850 SqFt
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $261
Subdivision South Devonshire
MLS Listing ID 20251019841
Style Ranch
Bedrooms 3
Full Baths 1
Construction Status Permit Ready
HOA Y/N no
Year Built 1966
Annual Tax Amount $4,963
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 120 X 140 X 120 X 140
Property Sub-Type Ranch
Source Realcomp II Ltd
Property Description
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 Ypsilanti Twp
Direction Directions: From East: I-94 W toward Chicago: Take EXIT 186 toward Willow Run Airport; Merge onto Wiard Rd: Stay straight to go onto Willow Run Fwy, right onto Tyler Rd., turn right onto Gates Ave. From West: I-94 E toward Detroit; Take the US-12 exit, EXIT 185, on the left toward Michigan Ave/Willow Run Airport; Turn right onto Gates Ave.
Rooms
Kitchen Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
Interior
Heating Forced Air
Fireplace no
Appliance Free-Standing Gas Range, Free-Standing Refrigerator, Microwave
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Description No Garage
Fence Back Yard, Fenced
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Brick
Construction Status Permit Ready
Schools
School District Ypsilanti
Others
Tax ID K1111379008
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conv. Blend Rt, Conventional
Rebuilt Year 2021
Listing Terms Cash, Conv. Blend Rt, Conventional
Financing Cash,Conv. Blend Rt,Conventional
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