Kakaako Multi-Family

904 Piikoi Street, Honolulu, Oahu 96814 Get Directions

$1,800,000

 

Total SqFt
3,148
Lot Size Area
5,911 SqFt
Land Tenure
Fee Simple
MLS #
202423916
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Overview

Prime corner lot in the Kaka`ako Special District on main artery, blocks from Ala Moana Center with 6 units: 1 three, 3 twos, 2 ones. Currently used by a non-profit that is expanding, so property taxes are super low. All income and expenses are pro forma, and Seller may wish to lease back the property while they find a new home. Request flyer for pro forma income/expenses, rental comparable analysis, and sales comps, along with more property information. Nice layout with existing laundry facilities can easily be converted to coin machines for more income. All units separately metered for electric, multiple gas meters, one water meter.

Property Details

Amenities
A/C
Building Type
Apartments, Multi Dwellings
Construction Materials
Concrete, Hollow Tile, Wood Frame
Furnished
Partial
Location
Corner
Neighborhood
Kakaako
Net Operating Income
96828.00
Number Of Units Total
6
Parking Features
Assigned, Covered
Parking Total
4
Property Frontage
Other
Property Type
Multi-Family
Building SqFt
3,148
Total SqFt
3,148
Status
Active
Stories
2
Total Actual Rent
$10,775
Total Annual Operating Expenses
$36,073
Total Income
$132,900
Year Built
1940
Year Remodeled
2005

Additional Property Info

Days on Market
13
Flood Zone
Zone X
Laundry Facilities
Dryer, Washer
Property Condition
Average
Roof
Asphalt Shingle
Tax Amount
$25
Tax Assessed Value
$1,809,100
Tax Assessed Value Improvements
$213,100
Tax Assessed Value Land
$1,596,000
Topography
Level
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Zoning
Kak – Kakaako Community Development Project

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Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
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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