Welcome to 402 Highwood Dr an inviting first-floor condo tucked in one of Louisville's most convenient and comfortable locations. Situated within minutes of local shopping, restaurants, parks, and major roadways, this home gives you easy access to everything the city has to offer while still providing a quiet, residential feel. Inside, you'll find a well-kept space with thoughtful updates throughout. Both bedrooms feature brand-new wood-vinyl flooring and high-quality ceiling fans that keep the rooms cool and comfortable. The kitchen includes a refrigerator for tenant use, and the convenience continues with an in-unit washer and dryer no shared laundry required. Water purifier with a fountain installed The layout is practical and easy to live in, and being on the first floor means no stairs and simple access to your private entry. A dedicated parking spot is included with the unit, offering reliable and hassle-free parking year-round. This condo combines location, comfort, and essential amenities ideal for anyone looking for a clean, well-maintained place to call home in Louisville. Tenant is required to maintain renters insurance throughout the entire term of the lease. Such policy must include: 1. Personal Liability Coverage of no less than $100,000 per occurrence (landlord may specify $300,000). 2. Personal Property Coverage sufficient to cover Tenant's belongings. 3. Landlord listed as an "Additional Interest" (not additional insured) so the landlord receives notice of policy cancellation. Tenant must provide proof of active coverage before taking possession of the unit and must maintain continuous coverage. Failure to maintain renters insurance constitutes a material breach of the lease and may result in termination of tenancy. 1. Rent Amount Tenant agrees to pay monthly rent in the amount of $1,600.00, due on the first day of each month. Rent covers occupancy of the two-bedroom, two-bathroom condominium unit and includes the Landlord's share of the monthly HOA dues as specified below. 2. Tenant Utility Responsibilities Tenant is responsible for payment of all gas and electric charges, which are billed directly based on Tenant's actual usage. Tenant must maintain an active utility account in Tenant's own name for the duration of the lease and must remain current on all utility payments. Evidence of active service may be requested at any time by Landlord. 3. HOA Fee Structure and Tenant's Share The condominium's monthly Homeowners Association (HOA) fee is $400.00. Landlord pays 50% of the HOA fee. Tenant pays the remaining 50% of the HOA fee (i.e., $200 per month). Tenant's portion of the HOA fee is NOT included in the $1,600 monthly rent amount and is non-negotiable. The HOA fee covers all common-area utilities and services provided by the association, including (but not limited to): water, sewer, trash, grounds maintenance, building insurance, pool, and administrative fees. Any fines, penalties, or charges assessed by the HOA due to Tenant's actions, negligence, or violation of community rules will be the sole responsibility of the Tenant and must be paid within the timeframe specified by the HOA or Landlord. 4. Changes in HOA Fees If the HOA fee increases during the term of this lease, Tenant agrees that their proportional share may increase accordingly. Landlord will provide written notice of any change and adjust the monthly rent to reflect the updated HOA contribution.
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