File #: 2018-5841   
Type: New Business
Body: Rent Review Advisory Committee
On agenda: 8/6/2018
Title: CASE 1058 - 1540 Court St.
Attachments: 1. Exhibit 1) Form(s) submitted by Landlord.pdf

Title

 

CASE 1058 - 1540 Court St.

 

Body

 

1.                     CASE NUMBER: 1058

 

2.                     ADDRESS: 1540 Court St.

 

3.                     UNIT STATUS: Exempt unit subject to a non-binding decision regarding the amount of the rent increase.

 

4.                     BASE RENT: $2,400.00 for a 3-bedroom unit; includes garage.

 

5.                     RENT INCREASE OFFER(S):                      Lease: $2,100 (87.5%) to a total rent of $4,500

MTM: $1,800 (75.0%) to a total rent of $4,200

Effective September 1, 2018

                     

6.                     PAST INCREASE(S):                      Effective 2014: $175.00 (7.9%)

 

7.                     TENANCY BEGAN: 2006

 

8.                     CONCERNS: 

Landlord provided the following:

                     Rent has only been increased once since tenancy began 12 years ago.

                     Additional income needed for retirement.

 

Tenant did not provide comment.

 

Exhibit 1) Form(s) submitted by Landlord