Punchbowl Multi-Family

1464 Thurston Avenue, Honolulu, Oahu 96822 Get Directions

SOLD

 

Total SqFt
3,198
Lot Size Area
7,500 SqFt
Land Tenure
Fee Simple
MLS #
202027333
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Overview

NEW PRICE! Rare opportunity to purchase a 7-unit apartment building on a prime 7,500-sqft, A-2 zoned lot in an unbeatable location in the heart of Makiki! Well-maintained, charming units - each with 1 bed/1 bath/1 parking. Freshly painted structure fronting Thurston Street has 4 units/4 covered parking stalls. Rear concrete structure has 3 units/3 open parking. Secured on-site laundry area. Most units have had renovations such as updated flooring, cabinets, counters. Separate electric meters. Being offered for the first time in decades, this property offers steady cash flow and tons of potential and possibilities! Amazing location near downtown, hospitals, freeway access, University of Hawaii, shopping and more! Do not disturb tenants or enter property without an appointment.

Property Details

Building Type
Apartments, Multi Dwellings
Sold Date
05/12/2021
Sold Price
$1,900,000
Construction Materials
Concrete, Masonry/Stucco, Single Wall, Wood Frame
Location
Other
Neighborhood
Punchbowl Area
Net Operating Income
72252.00
Number Of Units Total
7
Parking Features
Assigned, Covered, Open
Parking Total
7
Property Type
Multi-Family
Building SqFt
3,198
Total SqFt
3,198
Status
Sold
Stories
2
Total Actual Rent
$8,360
Total Annual Operating Expenses
$27,983
Total Income
$8,408
Year Built
1954

Additional Property Info

Active Continue To Show Date
02/28/2021
Disclosures
1031 Exchange
Days on Market
131
Elementary School
Lincoln
Flood Zone
Zone X
High School
Roosevelt
Middle/Junior School
Stevenson
Property Condition
Above Average
Roof
Other
Tax Amount
$500
Tax Assessed Value
$1,712,700
Tax Assessed Value Improvements
$131,400
Tax Assessed Value Land
$1,581,300
Topography
Level
Utilities
Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of BHGRE Advantage Realty Courtesy of Jaymes K Song, BHGRE Advantage 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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