506 Colorado St

About This Property

Available 3/8/2024 2 Bedroom 1 Bath, Centrally located near 6th and Colorado Street with easy access to downtown, KU, and highways. No pets allowed at this property. Tenants pay all utilities. No Laundry onsite Call Location Properties at to schedule a tour or schedule online at -Number of Occupants Allowed By Law- City ordinances for this zoning do not allow more than 3 unrelated individuals to rent this property. Most homes in residential zoning do not allow more than 3 unrelated to live there. City law says that Dwelling units located in (RS) Single-Dwelling Residential zoned districts are permitted to be occupied by a family unit that is related by blood, marriage or adoption or by no more than three-unrelated persons. Some properties that we manage do allow 4 or more so if looking for a property like that, please ask us which properties we have available with that zoning. The city does inspections and will enforce this code and so we cannot let more than 3 unrelated people move into a place with zoning that doesn't allow that. -No AirBnB or renting out rooms or other similar subletting- Tenants are not allowed to use the property as an AirBnB and cannot sub-rent out rooms or some or all of the space in any way. -Minimum Credit Score for All Applicants- Good credit required. Our minimum TransUnion credit score is 650 no matter the source of income of the applicants. A property is a large asset for the property owner and so due diligence must be done to be sure those who move into the property have a responsible history of paying those to whom they owe money. -Housing Voucher Section 8 Status- This property is not currently in the Section 8 or Housing Voucher program. If you have an approved voucher, please note that on your application. In order for a property to be approved by these programs, there is an inspection process that would need to be scheduled if the tenant's application is approved. -Minimum Income Required for All Applicants- Applicants total source of income including any housing voucher, section 8, or other rental assistance program must be at least double the rent for the full term of the lease. Roommates can combine their income to reach the threshold of income being double the rent or the income of a co-signer can be added if approved. The owner of the property needs to be comfortable that the tenant has the ability to pay their rent, utilities, and other costs associated with renting a home. The city increases property taxes nearly every year, insurance costs go up, mortgage costs continue and so the property owner needs to be comfortable that the tenant can pay the rent to cover those costs. -Credit and Background Checks for All Occupants- Before being approved, credit history, criminal history, background check, eviction history check, and prior landlord verification is required for each adult individual who will be living in the property. Therefore, each must fill out a separate application on our site. Registered offenders are not accepted. Convicted felons will be declined. This is a Non-smoking property. Marijuana smoking, vaping, or any form of tobacco use is not accepted. -Tenants Pay Utilities- Unless specifically advertised otherwise, Tenants pay all utilities. -Security Deposit Equal to One Month's Rent Due When Signing Lease- Security Deposit equal to one month's rent paid at time of lease signing. Rent and Deposit is billed in full and roommates can determine the share that each roommate pays.

506 Colorado St is a condo located in Douglas County and the 66044 ZIP Code. This area is served by the Lawrence attendance zone.