Honolulu Multi Family

516 Panui Street, Honolulu, Oahu 96817 Get Directions

Open House Mar 16 (Sun) 1:00pm - 4:00pm

$999,000

 

Lot Size Area
2,800 SqFt
MLS #
202506689
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Overview

High-Yield Investment Property - 4 Units! Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1- bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Utilities are streamlined with individual electric, water, and gas meters. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location! Will update expenses shortly. First Open Sunday, March 16, 2025, 1-4pm!

Property Details

Parking Total
4
Property Type
Residential Income
Status
Active
Year Built
1972

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Listing Courtesy of Ivy K Realty, LLC Courtesy of Marc T Kumai, Ivy K Realty, LLC.
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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