3 Bedroom Apartment at 40077 Big Chestnut Rd

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Welcome to this beautifully updated 3-bedroom, 2-bathroom home, ideal for those seeking comfort, space and modern living in a peaceful neighborhood. The home features an open and airy layout filled with natural... light, a modern kitchen with sleek countertops, updated appliances and ample cabinet space and inviting living areas perfect for relaxing or entertaining. Bedrooms are generously sized with excellent closet space and the bathrooms offer updated fixtures and finishes. Please note, the property is situated on a shared lot with a separate apartment located above the garage. Both the main home and the apartment have completely separate entrances and garages. The backyard is fenced to provide a defined private outdoor space and the large driveway offers ample parking for both residences. Conveniently located near local amenities, this home is move-in ready and offers comfort & functionality. Lease Terms & Requirements. Rent: $2550 per month. Utilities: Not included. Lease Length: 1 year lease only. Pets: Allowed on a case-by-case basis ($50/month per approved pet, no pet deposit) Smoking/Vaping: Not permitted in or on the property. Applicants move-in date must be within 30 days of application. Fees & Move-In Costs. Application Fees: $65 per applicant (18 or older) Includes: Credit check. Rental history verification. Criminal background check (subject to individualized assessment per Hud guidelines) Plaid ID verification. Bank account verification. Ai document verification. Employment verification via The Work Number. Security Deposit Options: A security deposit is required, with two options: Option 1 - Cash Security Deposit: A refundable security deposit equal to one month's rent is required. Option 2 - Obligo Security Deposit Alternative (Only Available with Residence Benefits Package) Tenants enrolled in the optional Residence Benefits Package ($49/month) may qualify for Obligo, allowing them to pay a low monthly premium instead of a full security deposit. Policies typically range from $30 to $50 per month, depending on applicant qualifications. If a tenant does not opt into the Residence Benefits Package, they must pay a traditional security deposit. Move-In Funds Due: One full month's rent due at lease signing. If the first month is a partial month, the prorated amount is due with the second month's rent. The lease is Not secured until: The lease is signed. The first month's rent is paid. Either: A cash security deposit is paid or an Obligo policy is purchased (if eligible). Note: Once the lease is signed and the required funds are paid, if the tenant fails to move into the property, it will be considered a breach of lease and the tenant may be held financially responsible for lease obligations. Optional Residence Benefits Package - $49/Month. Tenants may choose to enroll in the optional Residence Benefits Package, which includes: Obligo security deposit alternative eligibility (instead of a cash deposit) Positive rent payment reporting to all three major credit agencies. Credit monitoring & financial tools. Exclusive Rpm App with rewards, discounts and perks. 24/7 maintenance request portal. Online rent payments. Welcome gift and additional resident services. Income & Credit Requirements. Income Requirement: Applicants must have a minimum gross income of at least 3x the rental rate before taxes. Alternative sources of income, including rental assistance and housing vouchers, will be considered in accordance with fair housing laws. Credit Score Requirement: A minimum credit score of 650 is required for all financially responsible applicants. Special Consideration: Applicants with a credit score between 600 to 649 may still qualify if their gross income is at least 4x the rent and any negative credit history is not housing-related. Additional income verification may be required for applicants in this range. Background Check Requirements. A criminal background check will be conducted on all applicants. An individualized assessment will be performed to determine eligibility, considering: The nature and severity of the offense. The time elapsed since the conviction. Any rehabilitation efforts. Criminal records that do not pose a direct threat to the safety or property of others will not be an automatic basis for denial. Housing Voucher Applicants. Housing vouchers and other rental assistance programs are welcome. Applicants must include a signed Request for Tenancy Approval (HUD-52517) from their caseworker. The authorized amount of the voucher must be equivalent to or greater than the rental amount to comply with Hud regulations. Applicants will not be denied based solely on the use of a housing voucher, as per Maryland state fair housing laws. Tenant Screening Reports. Reusable tenant screening reports are Not accepted. No RentSpree applications will be accepted. Applicants must use Rpm GOLD's application and screening services. Final Notes. Listing provided by RentalSource.

Lease Information: deposit: $2,550. lease term: 1 year. Read more