Discover a fantastic investment opportunity nestled in the heart of 5 Points! This property boasts 12 units, each featuring 1 bedroom and 1 full bath, situated on a spacious corner triple lot. Each unit has individual meters, ensuring tenants are responsible for their water and electric bills, adding to the property's appeal as an investment. With its prime location, multiple units, and potential for steady rental income, this property presents an excellent opportunity for investors seeking a promising venture in the vibrant 5 Points neighborhood. To ensure a smooth leasing process, please note the following requirements and details: **Income Requirement - Applicant's income should be at least 3.5 times the monthly rent. **References - Landlord or mortgage reference - Employer reference - Three personal references, including one family member **Documents Needed at Lease Signing - One full month's rent - Full security deposit (equivalent to one month's rent) - $75 leasing fee - $35 application fee if not paid at signing - Proof of switched utilities in tenant's name - Proof of renter's liability insurance with a minimum coverage of $300,000 (covering damages to the rental property caused by the tenant) **Pet Policy - Pets are allowed upon approval. - Additional fee of $45/month for one pet or $60/month for two. Rental inquiries go to extension 2 only!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
