SoldNov 18, 2022

Listed by Kenise Estime from Charles Rutenberg Realty, Fort Lauderdale

Bought with Durani Thakoordyal

Source: Greater Fort Lauderdale Realtors #F10347321

581 Kathy Lane, Margate, FL, 33068

$748,000

3730 sq. ft.

Duplex

•

30+ days on the market

Sold: Nov 18, 2022

What's around 581 Kathy Lane

About this property

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!
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Buyer's review

over 3 years ago

Best Realtor Ever

Durani equals to Amazing and Wonderful. She knows what her customer like me need. She can pinpoint property to exactly or more than I ever expected. The experience was seamless. I have purchased many properties before, but she is by far one of the best to work with.

D
Daniel
Buyer

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