Multifamily in Margate, FL 33068
Kimberly Forest, 691 Kathy Ln #1-4

$1.3M7.7%
$1,200,000
3,773
SqFt
Status
OFF MARKETExpired
Size
3,773 SqFt (351 m2)
Price
$318/SqFt ($3,423/m2)
Type
Multifamily
Built
1972
MLS Number
A11521137
On Site
959 Days
Updated
643 Days ago
Page Views
0
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

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1972
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-01-25T13:05:00.000-00:00
          Taxes, Fees & More
          • Taxes: 11498

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          Price History

          Current
          $1.2M
          High
          $1.3M
          Low
          $1.2M
          Total Change
          -7.7%
          $1.3M$1.3M$1.2MJan 24Oct 24
          Date
          Event
          Price
          Change
          Price Per
          10/22/2024
          Price Reduced
          $1.2M
          -7.69%
          $318 ft2
          $3,423 m2
          01/25/2024
          Listed
          $1.3M
           
          $345 ft2
          $3,709 m2
          10/22/2024
          $1.2M
          Event
          Price Reduced
          Change
          -7.69%
          Price Per
          $318 ft2
          $3,423 m2
          01/25/2024
          $1.3M
          Event
          Listed
          Price Per
          $345 ft2
          $3,709 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Durani ThakoordyalRealty One Group Royal Oaks • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Car-Dependent. Most errands require a car
          31

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          35

          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          46

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          30

          100
          Local Score
          Limited local amenities nearby
          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

          Margate
          Entry-Level
          Entry-Level Homes & Condos