Kimberly Forest

691 Kathy Ln, Margate, FL

$1,300,000

Price

3,773 sqft

Building Size

4

Units

Gallery
Street
Map
Overview
Building Size
3,773 sqft
Units
4
Year Built
1972
Floors
1
Parking Spots
1
Gross Leaseable Area
3773
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.

Highlights
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Deposit Held
  • Architectural Style: Detached
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Flooring: Tile
  • Buyer Agency Compensation: 2%
Location
Gallery