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Updated over 8 years ago on .

User Stats

424
Posts
261
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Jennifer Beadles
  • Rental Property Investor
  • Phoenix, AZ
261
Votes |
424
Posts

Off Market: 2 turn key single family homes with long term tenants

Jennifer Beadles
  • Rental Property Investor
  • Phoenix, AZ
Posted

I have two turn key single family homes with long term renters I'm selling in the Arlington area of Washington State, located just 47 miles north of one of the hottest real estate market in the US, Seattle. This is an area of high appreciation. The Marysville house has gone from $123,000 in 2012 to $240,000 only 4 years later. 

Here's the info:

Marysville house - owned since 2012 - same tenants since 2012

Tenants pay $1325 for rent, rent could be increased to $1450

Tenants pay all utilities water/sewer/garbage

HOA dues (it's a detached townhouse condo) are $65 per month

Built in 2003 - 2 story - 2 car garage - low maintenance yard 

Zestimate is $240,000 

http://www.zillow.com/homes/Marysville-WA/14929-44...

Arlington house - owned since 2009 - tenant has been there since September 2015 & asked to sign another 2 year lease in September 2016

Tenant pays $1375 per month, rent could be increased to $1500

Tenants pay all utilities water/sewer/garbage

Built in 2003 - rambler - 2 car garage - backs up to park

Zestimate is $258,527

http://www.zillow.com/homes/3128-183-RD-PL-NE-Arli...

I own these houses personally, and they are not on the market, though I will be putting them on the market in February. The only reason I'm selling is to use the funds to invest in a single larger project, and these are the last two single family rentals I own.

I would sell both properties together for $460,000. If interested, send me a message. 

  • Jennifer Beadles
  • Offering