Moiliili Multi-Family

721 Paani Street, Honolulu, Oahu 96826 Get Directions

$1,650,000

 

Total SqFt
1,813
Lot Size Area
4,914 SqFt
Land Tenure
Fee Simple
MLS #
202311379
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Overview

Check out this incredible apartment zoned corner lot situated right on the outskirts of Waikiki. Centrally located close to Ala Moana Center, McCully Shopping Center, and UH Manoa, with easy access to major roads and freeways. Currently offers two well-maintained dwellings that have undergone recent updates. Building one is a 3 bedroom 2 bath, had its water heater replaced in 2023, and offers a homey feel. Building two consists of one 2 bedroom 1 bath, and two studios with roofing replaced this year (2023). Additionally, the bathrooms and kitchens have received upgrades. Each building has its own electric meter and one water meter for the whole property. This property presents the perfect opportunity for redevelopment with Honolulu's Bill 7.

Property Details

Building Type
Multi Dwellings
Construction Materials
Wood Frame
Location
Corner
Neighborhood
Moiliili
Net Operating Income
62076.52
Number Of Units Total
4
Parking Features
Assigned, Covered, Open
Parking Total
4
Property Type
Multi-Family
Building SqFt
1,813
Total SqFt
1,813
Status
Active
Stories
2
Total Actual Rent
$7,000
Total Annual Operating Expenses
$21,923
Total Income
$84,000
Year Built
1938
Year Remodeled
2017

Additional Property Info

Disclosures
1031 Exchange, Licensed Owner, Relative of Licensee
Days on Market
327
Elementary School
Ala Wai
Flood Zone
Zone AO
High School
Kaimuki
Laundry Facilities
Coin, Dryer, Washer
Middle/Junior School
Washington
Property Condition
Average
Roof
Asphalt Shingle
Tax Amount
$389
Tax Assessed Value
$1,335,100
Tax Assessed Value Improvements
$150,600
Tax Assessed Value Land
$1,184,500
Topography
Level
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee
Zoning
12 - A-2 Medium Density Apartme

Location (Also shows similar listings) Get Directions

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Listing Courtesy of eXp Realty Courtesy of Billy Giang, eXp Realty.
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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