Speaking of hot ♨🏡property coming to the market: 1843 Wiley St Hollywood Florida- 3 Unit Building, is well suited to any buyer, without any limitations.
- a first time home buyer, wanting to live in one of the units while paying off their mortgage, expenses and possibly more with the rental income from the other 2 units.
- investor- renting out all 3 units, rental income ranging from $48,000-$54,600 average 💰.
- AirBnB- rental income expectations are much higher💰💰💰, especially for this location, featuring numerous tremendous conveniences for vacationers: shopping, dining, entertainment, transportation - on bus route, short bike ride to beach. Our most conservative estimate based at 50% occupancy, is at a minimum of $90,000
- Future development- highly attractive zoning would provide for an excellent exit strategy for any future owner, ensuring tremendous future appreciation as well.
This 3-Unit (Triplex), meticulously maintained, is located in the heart of vibrant Down Town Hollywood, FL. Solid structure, built originally in 1952, but according to the county's records, its effective year was 1968.
with interior size under air 2,098 sq. ft. and oversized lot 8,188, property taxes $1,380.44, Property has been owner-occupied since 1992.
Newer S-tile roof, about 10 years old. One AC (central) was just replaced, the other central AC unit is 3 years. There is one unit that has a newer window AC.
All windows are high impact; in addition there are electric motorized shutters. There are 3 electric meters, one for each unit, laundry, tool shed and carport in the rear are for the exclusive use by the Owners.
1843 Wiley enjoys the best zoning in Hollywood, FH-2, allowing almost any type of future development: Residential, Lodging, Office, Commercial, Civic, Educational, Industrial.
Future building height up to 10 stories, maximum built area allowed, 24,564 ft² and generous- 10 ft setbacks all around.1843 Wiley St. is Owner occupied, whereas there are 3 units in total. The Owners' residence is unit #2, private entrance on the side of the building. There are two 2 bedroom, 1 bath units with central AC and very large. eat in kitchens. The third unit is a one-bedroom, with window AC, and generous kitchen.
Unit 1 - front of the building is currently rented to a family friend. It is spacious 2 bedroom, 1 bath unit with a large eat-in kitchen. Featuring rich natural wood floors, need to be sanded and stained.
Unit 2- entrance is on the side of the building is currently occupied by the Owners. It is spacious 2 bedroom, large living room, 1 bath unit with a large eat-in kitchen. Featuring rich natural wood floors, need to be sanded and stained. It enjoys access to the back yard, laundry and utility room as well as parking in the rear- all are currently restricted to the Owner's private use.
Unit 3- is the smallest and currently vacant. It has a private entrance on the side of the house, specious kitchen with a breakfast nook/ dining area. Rich, natural wood floors just needing sand & seal to restore to previous glory. This unit does not have central AC, but has a newer window unit.
Let's talk.
PS: Download full digital brochure 👉 http://bitly.com/1843WileyBrochure
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