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Margate,FL 33068
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,773 sqft
Price per Sqft $318
Subdivision Kimberly Forest
MLS Listing ID A11521137
Style Fourplex
Year Built 1972
Annual Tax Amount $11,498
Tax Year 2023
Property 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.
Location
State FL
County Broward
Community Kimberly Forest
Area 3730
Interior
Heating Central
Cooling Central Air,Ceiling Fan(s)
Flooring Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Flat,Shingle,Tile
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA