Multifamily in Margate, FL 33068Kimberly Forest, 581 Kathy Ln #1-4
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OFF MARKET
3,730
SqFtStatus
OFF MARKETExpired
Size
3,730 SqFt (347 m2)
Price
$201/SqFt ($2,159/m2)
Type
Multifamily
Built
1973
MLS Number
F10347321
On Site
1465 Days
Updated
31 Days ago
Page Views
0
BEAUTIFUL UPDATED FOURPLEX in a good neighborhood in Margate! 2 bedroom 1 bath each unit. Property has central ac throughout, Separate electric meters so tenants pay their own electricity. Owner pays water about $230 monthly and trash $160. New roof 3 years ago, Ac is less then 2 years old, water heater is less then 5 years old wow! New Granite Counter tops and baseboard. New Sprinkler system being installed & a Coin Laundry in the back allows owner to make even more money! Rents are currently below market value but can be increased. Market rent for a 2/1 is currently at $1,800! Potential income is around $87,000 Plus Potential Cap Rate Of 9%+/-.All tenants on month to month lease! Take advantage of this great investment opportunity! This is a perfect find for owner Occupant or Investor!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: Electric
Building and Construction
- Floor Description: Other
- Year Built: 1973
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-09-06T05:33:43.000-00:00
Taxes, Fees & More
- Maintenance Includes: HotWater, Sewer, Trash, Water
- Taxes: 12543
- Total Floors in Building: 1
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Current
$748K
High
$800K
Low
$748K
Total Change
-6.5%Date
Event
Price
Change
Price Per
11/17/2022
Price Reduced
$748K
-6.5%$201 ft2
$2,159 m2
11/06/2022
Listed
$800K
$214 ft2
$2,309 m2
11/17/2022
$748K
Event
Price Reduced
Change
-6.5%Price Per
$201 ft2
$2,159 m2
11/06/2022
$800K
Event
Listed
Price Per
$214 ft2
$2,309 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Kenise Estime • Charles Rutenberg Realty FTL • Buyer Agency Compensation .
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Scores
31
100
35
100
46
100
77
100
0
100
30
100
0
100
Community Snapshot
3 – 4 BR
Bedrooms
$410K – $560K
Price Tier
1,249 - 5,499
SqFt Range
1973
Year Build
1
Total Floors
Subdivision Amenities
Laundry
Maintenance
None
Pool
Sidewalks
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