Investing in real estate has always been a lucrative opportunity for those looking to secure their financial future. If you’re an investor searching for the perfect property, look no further than this remarkable North Lauderdale home for sale. This 4-bedroom, 2-bathroom single-family lakefront home offers an incredible investment opportunity with a reliable tenant already in place.
One of the most enticing aspects of this property is the long-term tenant who has been residing here for an impressive six years. With a lease in place until November and a monthly rent of $2600, this home promises a steady and consistent income stream. The tenant has even expressed their willingness to stay, ensuring a seamless transition for the new owner.
Considering the current market conditions, it’s crucial to note that the rental rate for this property is well below market value. Comparable homes in the area are renting for around $3000 per month, which means there is a significant potential for increased rental income. By acquiring this property, investors can enjoy higher returns and enhanced profitability.
The home itself boasts several attractive features that make it an excellent investment opportunity. The air conditioning unit has been recently replaced, guaranteeing a comfortable living environment for the tenant while minimizing maintenance costs for the owner. Additionally, the exterior was freshly painted just last year, ensuring an appealing and well-maintained facade.
While this property is undeniably a fantastic investment opportunity, it also presents an ideal option for owner-occupants looking to make a move. The location of the home is highly desirable, with convenient access to major highways, making commuting a breeze. Moreover, the schools in this area have garnered a reputation for their quality education, making it an excellent choice for families.
Whether you’re an investor seeking a reliable income stream or an owner-occupant looking for a comfortable home, this North Lauderdale property ticks all the boxes. With its long-term tenant, below-market rental rate, recent upgrades, and prime location, it presents an unparalleled investment opportunity.
Don’t let this chance slip away; seize the opportunity to secure your financial future today. Contact us to schedule a viewing and explore the potential of this exceptional North Lauderdale home for sale.
1204 SW 74th Ave, North Lauderdale, FL 33068