14 Gerrard St, Franklinton, NC 27525

Be the very first to live in this brand-new, never-before-lived-in 4-bedroom, 2.5-bathroom home featuring the popular Mint floor plan by DRB Homes. 2200 square ft. Living space, 2 car garage. Nestled in the desirable Essex Village community in Franklinton (27525), this neighborhood offers peaceful, suburban charm with seamless access to everyday essentials located just a 5-minute drive from local supermarkets, pharmacy, and everyday shopping. Quick access to Route 1 (capital blvd). Home Highlights: Seamless Open Floor Concept: Designed for modern living and effortless entertaining, the expansive main living space features a bright, open floor plan that seamlessly connects the living area to the kitchen and dining spaces. First-Floor Primary Suite: Enjoy maximum convenience and privacy with a main-level primary bedroom suite. Modern Kitchen: Outfitted with sleek granite countertops, rich cabinetry, and a full stainless steel appliance package, including a brand-new refrigerator. Pristine & Fresh Finishes: Unpack and relax in a pristine home featuring soft, brand-new carpet and modern fixtures throughout. Move in ready. In-Unit Laundry: A brand-new washer and dryer are included for complete move-in readiness. Low-Maintenance Yard: Enjoy outdoor relaxing without spending your weekend on upkeep thanks to an easy-to-maintain small yard. Lease Details & Tenant Requirements: Rent: $2,500/month Security Deposit: $2,500 Bedrooms: 4 | Bathrooms: 2.5 (Primary Suite on Main Level) Status: Brand-new construction | Never lived in | Available October 1, 2026 Lease Term: Minimum 1-year lease Included Appliances: Refrigerator, Range/Oven, Dishwasher, Microwave, Washer, & Dryer Qualifications: Minimum credit score of 675 Proof of stable employment / income verification (3x rent) Complete background, eviction, and rental history check required (screened online via TransUnion SmartMove). Initial application accepted via Zillow. Finalists will undergo a final background and credit verification via TransUnion SmartMove. Pet Policy: STRICTLY NO PETS ALLOWED Smoking Policy: No smoking permitted inside the property Tenant Responsibilities: Tenant pays all utilities and maintains renter's insurance Applicant applications will be evaluated based on credit, rental history, income verification, and criminal background. Applications will be denied for applicants listed on a state or national sex offender registry. Applicants with convictions for violent crimes, illegal manufacturing or distribution of controlled substances, or property damage within the past 4 years will be reviewed on a case-by-case basis considering the severity and age of the offense. RESIDENTIAL LEASE SUMMARY & KEY TERMS Lease Term: 12 Months (1-Year Fixed Lease) 1. FINANCIAL REQUIREMENTS Monthly Rent: $2,500 per month, due on the 1st of each month. Security Deposit: $2,500 Advance Rent: $2,500 (Prepayment of the final month's rent upon signing). Total Move-In Funds Required: $2,500 Security Deposit + $2,500 Prepayment of final month prior to occupancy. 2. UTILITIES & SERVICES Tenant Responsibility: Renter is responsible for establishing and paying for all utilities directly to providers starting on the lease commencement date (Electric, Gas, Water/Sewer, Trash, Internet/Cable). 3. PROPERTY CARE & MAINTENANCE Minimal Yard Care: Renter is responsible for basic lawn maintenance for the small yard, including regular grass mowing, edging, and keeping the yard clear of debris. Smoking Policy: Strictly No Smoking / No Vaping anywhere inside the residence. Pet Policy: No Pets permitted on the premises at any time 4. GENERAL OCCUPANCY & LEASE POLICIES Occupancy Limit: Only named individuals on the lease may reside in the property. Subletting: Subletting or short-term rentals (e.g., Airbnb/VRBO) are strictly prohibited. Renters Insurance: Proof of a active Renters Insurance policy (minimum $150,000 liability coverage) is required prior to move-in. 5. APPLICANT SCREENING CRITERIA Credit & Background Check: All adult occupants (18+) must complete a background check via [Zillow / final selected tenant will also go through TransUnion SmartMove]. Income Requirement: Combined monthly gross income must be at least 3x the monthly rent. Criminal & Eviction History: Evaluated on a case-by-case basis focusing on safety and recency in accordance with Fair Housing guidelines. Applicants listed on a state or national sex offender registry will be denied. ACKNOWLEDGEMENT OF LEASE SUMMARY This document provides an overview of primary lease terms for informational purposes. Upon approval a Residential Lease Agreement containing complete legal terms and conditions will be provided for signature. Ready for occupancy 10/1/2026 Maintenance Threshold: Tenant pays for minor repairs or clogged drains up to $75. Brand-New Appliances: The property includes brand-new appliances (Refrigerator, Stove/Oven, Dishwasher, Microwave, Washer/Dryer). Renters are expected to keep all appliances clean and operate them per manufacturer guidelines. Damage, clogs, or repairs resulting from tenant misuse, neglect, or failure to clean will be the tenant's financial responsibility. HVAC Filter Replacement: Tenants replace HVAC air filters every 90 days. Parking Constraints: Must abide by HOA parking rules.