Margate, FL

691 Kathy Ln, Margate FL 33068

3773 SF LIVING AREA
$1,300,000

Key Details

Status
Active
Property Type
Quadruplex
Year Built
1972

Overview

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.

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