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This Upper 2 bedroom 1 bath apartment is located on Park Ave. 1/2 block away from Middle Ages Brewing and is a 10 minute walk to Armory Square. Recently had a 18 month top to bottom renovation. Everything in this apartment is like NEW: Kitchen, Floors, Bathrooms, Electricity, Water pipes, Doors, Windows, Insulation, Sheetrock, Mechanical's, Really everything. The kitchen has new cabinetry, stainless steel appliances, and opens up to the large living room. Bedrooms are spacious and have a lot of light and large closets. This apartment is probably one of the nicest and energy efficient in the area. This property is almost completed and is available for rent November 1, 2023 Check out our video Tour on youtube Owner pays water. The tenant(s) is responsible for gas and electricity. Pet Policy: No pets shall be allowed to be kept in or about the Premises unless the landlord has approved a pet. Resident(s) must also pay related pet fees, deposit(s) and rent before the pet is kept in or about the Premises/Unit. Pet fee is $250/year payable at the time of lease signing. In addition a $25.00 pet rent is required monthly for each pet on premises. Qualification for Rental: Applicants must meet both of these Financial Qualifications to be considered for a Dwell Equity owned property: 1. Rent-to-Income Ratio: This determines the monthly or annual gross income a tenant(s) must earn to be able to afford rent each month. Gross Annual Method - (Gross Annual Income 12) X .3 = Maximum monthly rental income For example: If you make $66,000 annually you can qualify for spending up to $1,1650 a month on rent. The math: ($66,000 12) X .3 = $1,650 Gross Monthly Method - (Monthly Rent X 3) = Minimum monthly rental income For example, If the rent on an apartment costs $1,650 per month, then you must gross a minimum of $4,950 per month in income. The math: $1,6500 X 3 = $4,950 2. Credit: A credit report is required for all applicants on the lease. A minimum credit rating of 670 is required. Dwell Equity group understands that these requirements may eliminate the qualification on many interested in one of our properties. If you are unable to meet one or both of these requirements because of an outlier situation affecting credit or income. (Current Student, Just graduated, Life changing event, ...) Please explain your situation and on occasion will make exceptions.
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