Homes for sale - 691 Kathy Ln, Margate, FL 33068

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Michael Alcantara

michael@aresbrokerage.com +1(786) 207-4969

$ 1,200,000

Est. payment -/mo

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Price Dropped by $100K

691 Kathy Ln Margate, FL 33068

3,773 SqFt

UPDATED:

11/01/2024 03:07 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,773 sqft

Price per Sqft $318

Subdivision Kimberly Forest

MLS Listing ID A11521137

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1972

Annual Tax Amount $11,498

Tax Year 2023

Property Description

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.

Location

State FL

County Broward

Community Kimberly Forest

Area 3730

Direction Use GPS

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Flat,Shingle,Tile

Total Parking Spaces 1

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Construction Status Effective Year Built

Others

Tax ID 494101091735

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Realty One Group Royal Oaks

Michael Alcantara

Broker | License ID: 3440115

+1(786) 207-4969

Michael Alcantara

691 Kathy Ln Margate, FL 33068

Key Details

Location

Interior

Exterior

Building

Others

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691 Kathy Ln