Don’t miss out on this incredible opportunity! This Fourplex in Margate offers a corner unit and is being sold as is, making it perfect for investors. With separate electric meters and a proven track record of generating income, this property is a cash cow. The current rent in the area can reach $2000, ensuring a steady stream of revenue. The roof was replaced in 2005, and each unit boasts a comfortable 2 bedrooms and 1 bathroom, complete with central AC. Owner pays for water roughly $230 monthly and trash $160. Tenants are currently on a annual lease. Don’t wait, seize this chance to own a profitable income-producing property! Please do not disturb tenants, please call listing agent with any questions.
Property Details
Price:
$1,300,000
MLS #:
A11521137
Status:
Active
Beds:
0
Baths:
0
Address:
691 Kathy Ln
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
KIMBERLY FOREST
Neighborhood:
Kimberly Forest
City:
Margate
Listed Date:
Jan 25, 2024
State:
FL
Finished Sq Ft:
3,773
Total Sq Ft:
3,773
ZIP:
33068
Year Built:
1972
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Schools
Interior
Cooling
Ceiling Fan(s), Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
Detached
Parking Spots
1
Roof
Flat Tile, Shingle
Financial
Tax Year
2023
Taxes
$11,498
Map
Community
- Address691 Kathy Ln Margate FL
- SubdivisionKIMBERLY FOREST
- CityMargate
- CountyBroward County
- Zip Code33068
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