691 Kathy Ln ,Detached, Quadruplex, Kimberly Forest for Sale

691 Kathy Ln for Sale

Price $1,300,000.00

• Lot size 3773
• Year Build 1972
• Waterfront
• Zip 33068
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A11521137 Please do not disturb tenants. Please call or text listing agent for showing instructions.

KIMBERLY FOREST 68-31 B PT OF TR B DESC AS BEG SW COR OF TR B,NLY 72.00,ELY 150,SLY ALG E/L OF TR B 49.88 TO P/C, SLY,SWLY & WLY ALG CUR 39.

Less Than 1/4 Acre Lot

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.

City:Margate,Roof:1:Shingle,Zoning:R-3,Cooling:1:Central Air,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:26.2227246,Cooling Y N:1,Heating Y N:1,List Price:1300000,Listing Id:A11521137,Longitude:-80.2198048,Mls Status:Active,Year Built:1972,Directions:Use GPS,Living Area:3773,Postal Code:33068,Street Name:Kathy Ln,Coordinates:1:26.2227246,Photos Count:39,Building Name:KIMBERLY FOREST,Days On Market:40,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:3730,M L S Area Major:Kimberly Forest,On Market Date:2024-01-25,Parcel Number:494101091735,Parking Total:1,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:691,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Broward County,List Office Name:Realty One Group Royal Oaks,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2438,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:KIMBERLY FOREST,Tax Annual Amount:11498,Unparsed Address:691 Kathy Ln, Margate FL 33068,Listing Agreement:Exclusive Right To Sell,Year Built Details:Effective Year Built,Building Area Total:3773,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:344.5534,Original List Price:1300000,Public Survey Range:49,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-01-25,Originating System I D:miamire,Public Survey Section:1,Showing Instructions:24 Hour Notice,Call Listing Agent,Street Number Numeric:691,Tax Legal Description:KIMBERLY FOREST 68-31 B PT OF TR B DESC AS BEG SW COR OF TR B,NLY 72.00,ELY 150,SLY ALG E/L OF TR B 49.88 TO P/C, SLY,SWLY & WLY ALG CUR 39.,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:3773,M I A M I R E_ Internet Remarks:Please do not disturb tenants. Please call or text listing agent for showing instructions.,Contract Status Change Date:2024-01-25,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:344.55,Internet Automated Valuation Display Y N:1,