691 Kathy Ln, Margate FL, 33068

Active

691 Kathy Ln

Margate FL, 33068

$1,300,000

$344.55 per sqft

Active

3,773 sqft

Multi-family

Built in 1972

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.

A11521137

MLSⓇ ID

January 25, 2024

Listed

September 13, 2024

Updated

Map

691 Kathy Ln
Margate FL, 33068

Interior Features

Total Stories: 1
Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Ceiling Fan(s), Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot
Architectual Style: Detached
Roof: Flat Tile, Shingle
Sewer: Public Sewer

Other Property Details

Area Name: Kimberly Forest
Taxes: $11,498
Tax Frequency: Annually
Days on Market: 231
Garage: No
Parking Total: 1
View: No
County: Broward County
Pool: No
Zoning: R-3

Listed by: Realty One Group Royal Oaks
Listing Contact: 954-374-3020

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 4:15 AM UTC, 9/13/2024.