First Hill Rental: $3,000

first hill

This beautiful one bed two bath unit in First Hill is now available for rent, with an open floor plan, and an abundance of natural light. The unit features a wonderful chef’s kitchen, with top of the line appliances, and custom cabinets. It also features stunning views of Mt Rainer and Mt Baker. The master suite includes a built in office for your convenience, a steam shower, and alot of space. This unit is located in close proximity to Seattle University, Virginia Mason, and Cal Anderson Park.

Status: For Rent
Bed/Bath: 1,2
Price: $3,000/Month

Looking Into Being a Landlord? Pick a College Town!

Have you been looking into the perks of being a landlord? Purchasing properties in college towns will typically convert into a rentable unit, no matter how the economy is doing in any particular area. College towns generally provide a steady flow of jobs for locals and school enrollments are on the rise with the unemployed going back to school to seek new job skills.

Along with the increased demand for available units, according to CNN Money, the cost of rent has continued to rise by 5% over the past 12 months, and we can expect the cost to continually increase. For buyers in the college town market, there are plenty of bargain deals out there and the closer to the campus, the better. According to Coldwell Banker’s College Home Listing Report for 2011, the typical 3 bed 2 bath home sold for less than $200,000 in nearly two-thirds of the college markets in the US, and in 1/4 of the towns, the same size home sold for under $150,000. For more information on this article visit CNN Money.