Moiliili Multi-Family

2014 Fern Street, Honolulu, Oahu 96826 Get Directions

$2,988,000

 

Total SqFt
4,208
Lot Size Area
6,400 SqFt
Land Tenure
Fee Simple
MLS #
202421145
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Overview

Fantastic Cap Rate Return! Completely Renovated, Turn Key Opportunity with all tenants paying excellent market rents. Interiors are beautifully upgraded with all new everything, and a welcoming, bright layout. Well-situated investment in the heart of Makiki with easy access to UHM, Waikiki, and Ala Moana equals a stellar, reliable tenant pool. Two buildings: front building is hollow tile first floor with 3 one-bedrooms and wood second floor with one three-bedroom and 1 one-bedroom upstairs; back building is all hollow tile 4 one-bedrooms. All units are separately metered for gas and electric, one water meter. Coin, owned laundry. Buyer to accept existing survey performed by Ailana Surveyors August 24, 2023.

Property Details

Building Type
Apartments, Multi Dwellings
Construction Materials
Hollow Tile, Vinyl, Wood Frame
Furnished
Partial
Location
Inside
Neighborhood
Moiliili
Net Operating Income
168964.00
Number Of Units Total
9
Parking Features
Assigned
Parking Total
6
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
4,208
Total SqFt
4,208
Status
Active
Stories
2
Total Actual Rent
$17,610
Total Annual Operating Expenses
$44,756
Total Income
$213,720
View
City
Year Built
1953

Additional Property Info

Disclosures
1031 Exchange, Licensed Owner
Days on Market
52
Flood Zone
Zone AO
Laundry Facilities
Coin, Dryer, Washer
Property Condition
Excellent
Roof
Asphalt Shingle
Tax Amount
$560
Tax Assessed Value
$1,920,000
Tax Assessed Value Improvements
$204,800
Tax Assessed Value Land
$1,715,200
Topography
Level
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
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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