Listing Courtesy of: 786-953-5870 - Richard Peters - FLORIDA CAPITAL REALTY
786-953-5870
$325,000
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3131 NW 42ND Street Lauderdale Lakes, FL 33309
Single Family
Residence
3
Beds
2
Baths
1,404
Sq. Ft.
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Red hot investor special in the most desirable corner of Lauderdale Lakes! This light fixer upper pool home on a corner lot is a rare treat. The retiring landlord is quite motivated and is asking only 74% of ARV, but will entertain all offers.Pros: Updated kitchen with modern appliances, pool pump n...ew and everything functional, AC/WH only 3 years old. Hurricane shutters, public water but shallow well for pool/irrigation system. Quality tile and laminate flooring throughout.Cons: 10 year old roof is leaking in living room. Needs new roof and minor water damage remediation. Random damage in garage, back patio and smaller bathroom. Last tenants did a number on the place after the owner freshly renovated it.Investor notes:Flip potential: $461k ARV, with $30k-60k in rehab.LTR estimate: $2,500 /mo, with NO nearby competition. STR estimate: $67k yrly gross, at 337 /night and 55% occupancy.Feel free to soft pitch offers to listing agent. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and listing info sheet. No HOA/CDD.
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MLS#
T3448493
Property Type
Single Family
Bedrooms
3
Bathrooms
2 Full
Year Built
1969
Square Feet
1,404
sq. ft
Stories
1.0
Sewer
Public Sewer
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