Are you a savvy real estate investor seeking a centrally-located and fully-occupied apartment building? Look no further! Ideally located in lower Nuuanu only moments from the excitement of Downtown, this 20-unit property offers residents unparalleled comfort with tons of nearby conveniences. Concrete construction, four-floor walkup (5-units per floor) with a 1:1 parking ratio. Each 2BR/1BA unit boasts a well-maintained interior, which includes neutral paint tones, openly flowing layouts, tons of natural light, spacious living room, two large bedrooms, full bathroom, and a fully-equipped kitchen. Residents occupying the first-floor also enjoy the benefit of a private back patio area. Additional considerations include separate electrical meters, easy access to windward side, lovely views, and more! Take advantage of this rare opportunity to add a unique property to your growing portfolio. NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Property Details
Amenities
Resident Manager
Building Type
Apartments
Construction Materials
Concrete
Neighborhood
Punchbowl Area
Net Operating Income
185838.00
Number Of Units Total
20
Parking Features
Assigned, Open
Parking Total
20
Property Type
Residential Income
Status
Active
Total Actual Rent
$24,045
Total Annual Operating Expenses
$106,626
Total Income
$292,484
Year Built
1972
Additional Property Info
Disclosures
Call Listor
Days on Market
13
Flood Zone
Zone X
Laundry Facilities
Coin
Property Condition
Above Average
Roof
Other
Tax Amount
$1,270
Tax Assessed Value
$4,351,600
Tax Assessed Value Improvements
$1,841,100
Tax Assessed Value Land
$2,510,500
Topography
Level
Utilities
Cable, Internet, Public Water, Telephone, Underground Electricity, Water
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 2025 by HiCentral MLS, Ltd.
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