The story
MLS# 291548 -- $4,850/month in place from tenants averaging 7+ years -- with market rents for Kennewick 2BR units running $1,250-$1,450, the upside is written into the rent roll, not the renovation budget. Four 2BR/1BA units equipped with central air, utility hookups, and dedicated tenant storage. Residents enjoy a large fenced yard and plenty of off-street parking. Incredible rental history with established, long-term tenants. Unbeatable location close to transit, shopping, and amenities. Perfect portfolio builder or owner-occupant opportunity--live in one unit and take advantage of low down-payment options! Gross scheduled rent: $58,200/yr ($4,850/mo) Price per unit: $158,748 Tenants pay for electricity. Landlord Expenses Yearly: Property Taxes: $3,025 insurance: $2,841 Water/Sewer: $2,400 Garbage: $420
