Wednesday, November 5, 2014

Seattle 2BR Rental - $1000/mo

Yes this is for real, and yes the price is legitimate. This property is being developed, and the house will eventually be demolished. But it can be rented for a six-month term in the mean time to a tenant who is willing to deal with minor repairs, maintain the yard, and be a good tenant in the neighborhood, in exchange for a deep discount in the monthly rent. Market rent for this property otherwise would be over $1900/month.

The house has a fully fenced 10,600sf yard, with a covered front porch and a side porch. There is an electric stove and a clean refrigerator. Any tenant would need to accept the property in "as-is" condition, and be willing to make any repairs necessary during their tenancy.

The house is located on a major pedestrian and bus corridor, 1/2 block to the Rainier Beach Light Rail Station. Close to Kubota Gardens, Lake Washington, Beer Sheva Park, Rainier Beach library, community center and business district.

There is a spacious detached garage, and an unfinished basement with washer/dryer hook-ups, but no appliances.

The ideal tenant would be handy enough to take care of keeping the property clean and in good order. External appearances and good curb appeal to improve the property's "face" to the community would be extremely important.

The ideal tenant will be able to maintain the yard and grounds, ensuring that they remain clean, free of litter and grafitti. Any yard plants may be transplanted with the tenant at the end of their tenancy, if desired.

The ideal tenant is handy at making repairs as needed to bathroom and kitchen fixtures (previous tenant made lots of repairs and improvements, but new tenant will have to do their own due diligence).

Tenant may make any interior modifications that do not involve structural changes, to include cleaning, and may include changing flooring, painting, hanging items on walls, etc.

Tenant will be required to obtain renter's insurance and show a copy of the policy prior to move-in. Owner can provide referrals to insurance agents.

The ideal tenant will be a contributing member of society, a good neighbor, and a good representative for the owner in the community.

Smokers and pets are welcome. The yard is fully fenced and would be suitable for someone with pets. Please, no dangerous breeds will be allowed. Just google "dangerous breeds," if you are uncertain whether your pet will qualify.

If this sounds like a good fit for you, please review the photos and video, drive by the property, and then send an email responding to these questions:

1) What is your experience in maintaining, repairing, remodeling, building or rehabbing property?
2) How are you prepared to address repairs needed to household plumbing, appliances and fixtures, if they do not work after you move in?
3) How would you be willing to maintain the grounds and yard at this property?
4) What pets do you own? are they licensed in the City of Seattle?
5) Do you have your own washer/dryer? or do you plan to use a laundromat?
6) Why do you think you would be a good fit for this rental?
7) Have you driven by the property?
8) Would a six month lease work for you, with possible monthly extensions?

NO PHONE CALLS PLEASE! No appointments will be scheduled until the above instructions have been followed. Showings will be scheduled November 11, please email for showing times.

Happy Investing!

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