2308 E 3rd St, Newberg, OR 97132

Cute house on a cute street! Great floor plan, open kitchen and good sized bedrooms. Carpeted throughout. Master bedroom boasts a walk in closet AND full bath. Attached two-car garage! Just shy of a mile to George Fox! Nearby schools include CS Lewis Academy, Edwards Elementary School and Chehalem Academy. The closest grocery stores are Grocery Outlet: Bargain Market, Everybody's Market and Ninth Street Grocery. Nearby coffee shops include Coffee Barn Co, Sip City and The Human Bean of Newberg. Nearby restaurants include Happy Family Chinese & American Restaurant, Muchas Gracias Mexican Food and Abby's Legendary Pizza. Closest parks include Friends Park, Rocket Park and Herbert Hoover Park. RENTAL CRITERION *Tenant Criteria Minimum 2.5 times income-to-rent ratio (Which means an income of at least $5937.50/month) *Past 90-day cash flow that exceeds $2375 rent + estimated monthly credit obligations per the credit report *Clear credit report with no history of defaulting on credit obligations in the last 36 months Credit score of at least 675 (Exceptions may apply with verifiable explanation) If 2 or more co-applicants, must have aggregate credit score of no less than 650. *Clear criminal background check (exceptions apply) *Favorable references from past landlords *Employment verification *No smoking/vaping residence *No pets Application Process * The application fee is $55 per adult over 18. A background check will be conducted for applicants who meet the base criterion. Consent will be obtained at the time of application. Application fee is non-refundable once the process has started. *Provide consecutive, recent 3 month's pay stub or other proof of verifiable income and show proof of positive cash flow for the previous 90 days. *If your application is accepted, then there is a $500 deposit to hold the rental home and remove the property listing from online services (Zillow, Trulia, HotPads, etc.). Until this holding deposit is received, applications from prospective tenants will continue to be taken. This deposit will be applied toward your security deposit if you sign the lease. If you fail to sign the lease, after good faith negotiations, then you will forfeit the holding deposit. *Move-in requires 1st month's rent plus a security deposit of up to $3300.00 - this may vary dependant on credit, but won't exceed this amount. *Lease Term & Rent Payment - The initial lease term is 12 months, thereafter it CAN revert to a month-to-month agreement - OR - tenant can sign a new lease. Rent increases may apply at that time. *Rent is due on the 1st of each month required to be paid by recurring, automatic monthly ACH payments or other arrangements are made with the property manager. Cash will not be accepted by staff but can be deposited directly to a designated account by the tenant. ** Renter's Insurance Required!