1843 Wiley St Hollywood Florida- 3 Unit Building

3 years ago
41

1843 Wiley St Hollywood Florida- 3 Unit Building
Download full digital flyer👉 https://bitly.com/1843WileyDetailedBrochure

1843 Wiley St. 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 and expenses with the rental income from the other 2 units.
- investor- renting out all 3 units,rental income ranging from $48,000-$51,600
- 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.
- Future development- attractive zoning would provide for an excellent exit strategy for any future owner, ensuring tremendous future appreciation as well.
3-Unit (Triplex), meticulously maintained, located in the heart of vibrant Down Town Hollywood, FL. Solid structure, built in 1952
with interior size under air 2045 sq. ft. and oversized lot 8,188, property taxes $1,380.44, Property has been owner-occupied since 1992.

Newer S-tile roof, about 7 years old. One AC (central) was just replaced, the other AC 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.
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.
The grounds of this 3 meticulously maintained, feature easy to maintain distinct areas for relaxation, as well as gardening section to satisfy the needs of the "green thumb" horticulturist. There is enough room in the oversized lot 8,188, for all. There is a mature
Mango tree in the center of the back yard, and lovely grapevine growing on the fence.There is a driveway with a motorized gate, laundry, utility shop with every tool the handiest of handy man might use. The three electric meters are also on the back of the property.

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.

For those of you that have real estate on your mind, and are thinking of buying a home in SE Florida or, considering of selling one I would love to have a conversation with you.
Let's talk! 📞C:786.412.8510 | 📧 kate.smithfl@gmail.com | https://www.realtorkatesmith.com

Kate Smith | Kate Smith Group | EXP Realty | Hollywood FL
https://instacard.info/Kate-Smith
Check out these videos to find the answers to your home buying or home-selling questions:
👉 Why choose a second home/ vacation home? 👉 https://youtu.be/RaSybrQSRag
👉 Move-Up Home or Second Home? 👉 https://youtu.be/4HcOlrT34m4
👉 Selling A House Fix Up Your Home Or Sell As Is? 👉 https://youtu.be/tKEiN9p5BtE
👉 Selling A Home-Pricing Strategies 👉 https://youtu.be/J5RzptHGMxo

Loading comments...