Makiki Multi-Family

1254 Lunalilo Street, Honolulu, Oahu 96822 Get Directions

$5,000,000

 

Lot Size Area
6,925 SqFt
Land Tenure
Fee Simple
MLS #
202404884
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Overview

Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in an extremely convenient area is this 15-unit concrete multiunit building featuring a desirable 1:1 parking ratio, separate electric meters, and a secured laundry area with two washers, two dryers, and a utility sink. Boasting 12-one bedroom units and 3-two bedroom units, the property allows for maximum resident comfort. Each unit features an open layout, neutral interior paint, a spacious living/dining area, storage closets, and a fully-equipped kitchen with a gas stove, pantry, and ample cabinets. Bedrooms are well-sized with generous closet space, while each full bathroom includes a shower/tub combo, medicine cabinet, and a storage vanity. Outdoor relaxation is a breeze with all units featuring a cozy balcony. Tenants will enjoy easy access to transportation, shopping, restaurants, entertainment, and Makiki Park. NOI is actual. Please contact Listor with additional questions. Interior showings will be subjected to accepted offer. Please submit offers using the Commercial PSA. DO NOT DISTURB tenants.

Property Details

Amenities
Resident Manager
Building Type
Apartments
Construction Materials
Concrete, Hollow Tile
Furnished
Partial
Neighborhood
Makiki Area
Net Operating Income
126218.00
Number Of Units Total
15
Parking Features
Assigned
Parking Total
15
Property Type
Multi-Family
Status
Active
Total Actual Rent
$16,150
Total Annual Operating Expenses
$68,044
Total Income
$194,262
View
City
Year Built
1969

Additional Property Info

Disclosures
Call Listor
Flood Zone
Zone X
Laundry Facilities
Coin, Dryer, Washer
Property Condition
Above Average
Roof
Other
Tax Amount
$598
Tax Assessed Value
$2,047,300
Tax Assessed Value Improvements
$800,400
Tax Assessed Value Land
$1,246,900
Topography
Level
Utilities
Cable, Gas, Internet, Public Water, Telephone, Underground Electricity, Water
Zoning
12 - A-2 Medium Density Apartme

Location (Also shows similar listings) Get Directions

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Listing Courtesy of Real Estate Specialists Courtesy of Derek C Lau, Real Estate Specialists.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

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