INCOME RESTRICTED AFFORDABLE rental available! Household must need two bedrooms and income qualify with total household income of less that 80% area median income to rent this unit. Maximum income limits are: $104,200 for 2 person household, $117,250 for 3 person household and $130,700 for 4 person household. Light and bright with windows on three sides...this first floor, single level 2 bedroom apartment has generously sized rooms, a fully applianced tile kitchen with spacious dining area, generous closets plus your own laundry hook up in unit. Exclusive patio off of eat-in kitchen...built in air conditioning units, off street parking for one car included. HEAT, HOT WATER, water & sewer INCLUDED and PET FRIENDLY (with limitations & signed pet agreement). Only 4 units in the building. Enjoy all Ipswich has to offer including MBTA commuter rail to Boston, tons of open space and trails including Appleton Farms, Bradley Palmer State Park, Willowdale State Forest....employers like Ebsco and New England Biolabs...a vibrant downtown with charming shops, fabulous restaurants....easy access to highways and commuter routes....and, best of all, Crane Beach...residents eligible for parking pass through town hall! The rental rate for this apartment is reduced by the owner to serve households earning less than 80% area median income. Please read below to see minimum and maximum income restrictions. Heat, hot water, water and sewer are included in the rent, electric is tenant responsibility. Initial minimum 1 year lease required, all leases transition into 30 day tenancy at will after first 12 months. All applicants must provide income verification and owner requires good credit, savings equivalent to 3x monthly rent and clean housing court record. As part of income verification, applicants must be able to document that their gross income is equal to 3x rental rate - household income must be at least $67,000 annually unless household has a housing voucher. Assigned off street parking - one parking space is included, a second parking space is available for $50 a month. In addition to owner screening, applicants must be approved by outside agency to certify compliance with affordability standards. This will be redone on an annual basis during length of lease term. Households must also need a two bedroom unit. Current 80% AMI household MAXIMUM allowable income limits are: 1 person household: $91,200; 2 person household: $104,200; 3 person household: $117,250; 4 person household: $130,700. Up to 2 pets might be allowed at owner discretion - breed restrictions apply and pet agreement must be incorporated into lease. Owner looks for first and last at lease signing. All residents are required to maintain rental insurance policy.
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