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
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
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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Courtesy of Realty One Group Royal Oaks. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
691 Kathy Ln
Margate, FL
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