4 bed, 1 bathroom rental in Greater Seattle area
ST33 was our first local rental. This by far required the most work and head-scratching over all other projects we undertook to date. Going beyond a whole-house renovation, we improved the flow by re-doing an awkward main level bathroom layout and permitting to squeeze a ¾ bath under gabled ceilings to service the three bedrooms upstairs. We also brought gas service from street to the house for energy efficiency.
*Net actual expenses including debt service, taxes, insurance as well as reserves for vacancy, repairs, professional services such as legal and accounting. We also include management fee for ourselves to self-manage this property.
**Trulia per $85,000 does not reflect renovation, $148,000 per Zillow, $200,000 per recent appraisal
4 bedroom/1.75 bath Craftsman with 2 car garage via alley access. Spacious living and dining area, large kitchen. Central heat. 1 bedroom and office/family room on main level. Master and 2 smaller bedrooms upstairs. Mudroom and laundry off kitchen, leading to backyard.
Whole house cosmetic makeover with clean-out, elimination of very strong order, new paint, carpet, sheet vinyl, laminate flooring, wall texturing, mini blinds, ANSI grade 2 locksets (highest security grade for residential hardware). New gas service to house, new furnace, newer kitchen and laundry appliances. Brand new permitted ¾ bath upstairs bathroom with frameless shower doors. Extensive plumbing and electrical repairs. Garage roof structure rebuilt and new roof.
See how we transformed this house!