SUMMARY: Discover an opportunity with this Raleigh condo for rent and available for $2,150. This could be your next ideal home or a smart investment. More details await.
Professionally Managed by First Class Realty Property Management, LLC<br /><br />***ive, Unit 102, Raleigh, NC 27605 Bishops Park 2 Bed / 2 Bath 1,158 Sq Ft<br /><br />Located in the highly desirable Bishops Park condominium community in Raleigh's Five Points
district, this spacious first-floor condo offers comfortable living in one of the city's most sought-after locations. The community is conveniently situated near Downtown Raleigh, Glenwood South, Village District, NC State University, Fletcher Park, shopping, dining, entertainment, and major commuter routes including Wade Avenue and I-40.<br /><br />Property Features:<br />2 Bedrooms<br />2 Full Bathrooms<br />1,158 Square Feet<br />First-floor unit<br />Open living and dining area<br />Spacious primary suite with private bathroom<br />Generous secondary bedroom and guest bathroom<br />Public water and sewer<br />Community swimming pool<br />Professionally maintained grounds<br />Located in the established Bishops Park condominium community<br />Easy access to Downtown Raleigh, Five Points, Village District, and major employment centers<br />Current Improvements Underway<br /><br />This home is currently being refreshed and updated for its next resident. Planned improvements include:<br />Brand-new LifeProof laminate flooring throughout the main living areas<br />Brand-new carpet in both bedrooms<br />Fresh interior paint throughout the entire home<br />Two brand-new windows being installed<br /><br />The property is anticipated to be available for move-in on or around June 21, 2026, with the possibility of an earlier availability date if renovations are completed ahead of schedule.<br />Application Requirements - Please Review Before Applying<br />Applications that do not meet the criteria below will not be approved.<br /><br />Income Requirement<br />Gross household income must be at least 2.25x the monthly rent.<br />3x rent or greater qualifies for a standard security deposit (1x rent).<br />2.25x-2.99x rent may qualify with an increased security deposit (up to 2x rent) based on overall application strength.<br />Income must be verifiable through Paysource.<br /><br />Credit Rental History<br />Credit history, payment patterns, and overall financial responsibility are reviewed.<br /><br />The following will result in denial:<br />Outstanding balances owed to prior landlords<br />Housing-related collections or open landlord judgments<br />Material misrepresentation or falsified documents<br /><br />Security Deposit<br />Security deposit ranges from 1x-2x monthly rent based on income strength, credit profile, and rental history. All deposits comply with North Carolina regulations.<br /><br />Application Fee<br />$35 per applicant (non-refundable).<br /><br />Additional Required Fees at Move In Programs<br />Leasing Administration Fee: $100 (one-time)<br />Pet Fee: $100 per pet (non-refundable; does not cover damages)<br />First Class Residency - Portal Fee (Required)<br />$10 per month (non-negotiable)<br /><br />Includes:<br />On-time rent credit reporting<br />24/7 online resident portal (payments, maintenance, documents)<br />Cash payment options at approved retailers<br />Preventative maintenance inspections (2x per lease term)<br />Renewal incentives for on-time residents<br /><br />Pet Policy<br />All pets must be disclosed and approved. Residents may be required to provide professional carpet cleaning and/or additional cleaning documentation at lease end if pet-related odor, dander, or damage is present. Pets must be included on renter's insurance policy.<br /><br />Renter's Insurance<br />Renter's insurance is required with a minimum $100,000 liability limit. Proof of coverage (declaration page) must be provided prior to move-in.<br /><br />Equal Housing Opportunity.<br /><br />These additional charges may apply:<br />1) Portal Fee: 10.00/mo