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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.

Features
Address Map
FL
Broward County
Margate
33068
691 Kathy Ln
KIMBERLY FOREST
W81° 46' 48.7''
N26° 13' 21.8''
KIMBERLY FOREST
MLS Addon
Detached
All Cash, Conventional, Fha
1
Water, Gardener
1
Quadruplex, Fourplex
$11,498
2023
Click Here
R-3
4
15/03/2024 12:19:58

691 Kathy Ln, Margate, Florida 33068

$1,300,000
3,773 size sq.ft.
Listing ID #A11521137
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11521137
Price $1,300,000
Square Footage 3,773 Sqft
Year Built 1972
Days on Market 50
Building Area 3,773
Status Active
Property SubType Quadruplex
On Market Date 25/01/2024
Elena Beck
MiamiInvestrealty
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