|3099 NW 48th Ave # 455, Lauderdale Lakes FL 33313|
2 Bed/2 Bath unit within the Cypress Chase Condominium which is an age restricted (55+) development. The unit has been well taken care of and is currently rented to the same tenant since 11/2016. Current rent is $1,150 per month with the lease expiring on 10/31/2021 and plenty of upside on the rents with model match units ranging between $1250 and $1300 per month. Great opportunity for an investor to gain a solid return or an owner user who is thinking ahead while earning a return. Complex is currently undergoing the 40 Yr Recertification: Upgrading elevators, new roof, new washer and dryers on each floor. Special Assessment placed to pay for the upgrades to the complex will be paid by seller at closing.