University Multi-Family

2458 Wilder Avenue, Honolulu, Oahu 96826 Get Directions

$2,500,000

 

Total SqFt
4,450
Lot Size Area
10,417 SqFt
Land Tenure
Fee Simple
MLS #
202403604
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Overview

Well-maintained 6-unit concrete building near UH Manoa with historically high occupancy due to its larger-than-average unit sizes, private garden areas, and more than 1/1 parking. The building consists of five (5) two-bedroom units (700 SF. approx.) and one (1) one-bedroom (550 SF. approx.). The building is NOT in a flood zone and has C & C trash pick-up service, which could be a $15-20K savings compared to similar properties. The property is near UH Manoa, and the bedrooms are large enough for such a savvy investor to nearly double the income stream by converting the traditional rentals into students' dorms. The property is within walking distance of UH, restaurants, grocery stores, and essential services.

Property Details

Building Type
Apartments
Construction Materials
Concrete
Furnished
Partial
Neighborhood
University
Net Operating Income
93065.00
Number Of Units Total
6
Parking Features
Assigned
Parking Total
11
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
4,450
Total SqFt
4,450
Status
Active
Stories
2
Total Actual Rent
$10,375
Total Annual Operating Expenses
$32,627
Total Income
$132,148
View
Garden
Year Built
1969

Additional Property Info

Days on Market
2
Flood Zone
Zone X
Laundry Facilities
Coin, Dryer, Washer
Property Condition
Above Average
Roof
Other
Tax Amount
$590
Tax Assessed Value
$2,025,600
Tax Assessed Value Improvements
$289,300
Tax Assessed Value Land
$1,736,300
Topography
Level
Utilities
Cable, Internet, Public Water, Sewer Fee, Water
Zoning
05 - R-5 Residential District

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Listing Courtesy of Obsidian Real Estate LLC Courtesy of Sheldon BK Glassco, Obsidian Real Estate LLC.
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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