Moiliili Investment Opportunity - Good Cap Rate, Honolulu 96822

Overview

GOOD CAP RATE - Wonderful opportunity for a flexible large single-family compound, investment property, or multi-family living. Great location across from UH Manoa with close proximity to private schools such as Punahou and Mid-Pac, Manoa valley shops and restaurants, Waikiki, Honolulu, and freeway access. Classic Manoa home featuring high ceilings, original hardwood floors, split AC, garden area, newer roof, and owned photovoltaic system with 40 panels.

Currently tenant occupied with long-term and month-to-month tenants generating great rental income. Lower separate studio with its own entrance is an added bonus.

Sold AS IS.

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Property Details

Amenities: A/C, Storage
Building Type: Other
Construction Materials: Single Wall, Wood Frame
Furnished: Partial
Location: Inside
Neighborhood: Moiliili
Net Operating Income: 74280.00
Number Of Units Total: 4
Parking Features: Open
Parking Total: 4
Property Frontage: Other
Property Type: Multi-Family
Building SqFt: 2,880
Total SqFt: 2,880
Status: Active
Stories: 2
Total Actual Rent: $7,390
Total Annual Operating Expenses: $14,400
Total Income: $88,680
View: Garden, Mountain
Year Built: 1941
Year Remodeled: 2014

Additional Property Info

Disclosures: 1031 Exchange, Property Disclosure Stmt
Days on Market: 28
Flood Zone: Zone X
Laundry Facilities: Dryer, Washer
Property Condition: Average
Roof: Asphalt Shingle
Tax Amount: $324
Tax Assessed Value: $1,209,900
Tax Assessed Value Improvements: $238,600
Tax Assessed Value Land: $971,300
Topography: Level
Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee
Zoning: 05 - R-5 Residential District

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Courtesy of Julianna Garris, Hawaii Life.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2020 by HiCentral MLS, Ltd.

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