Kapalama Multi-Family

219 Kalihi Street, Honolulu, Oahu 96819 Get Directions

$2,550,000

 

Lot Size Area
9,514 SqFt
Land Tenure
Fee Simple
MLS #
202417418
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Overview

Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1,200 - $1,600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3,000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!

Property Details

Building Type
Multi Dwellings
Construction Materials
Brick
Neighborhood
Kapalama
Net Operating Income
96600.00
Number Of Units Total
6
Parking Features
Assigned, Open
Parking Total
15
Property Type
Multi-Family
Status
Active
Stories
2
Total Actual Rent
$10,300
Total Annual Operating Expenses
$26,400
Total Income
$123,600
Year Built
1960
Year Remodeled
1970

Additional Property Info

Disclosures
Property Disclosure Stmt
Days on Market
51
Flood Zone
Zone X
Property Condition
Above Average
Roof
Asphalt Shingle
Tax Amount
$2,200
Tax Assessed Value
$2,388,300
Tax Assessed Value Improvements
$166,100
Tax Assessed Value Land
$2,222,200
Topography
Level
Utilities
Cable, Internet, Water
Zoning
42 - I-2 General Industrial Dis

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Listing Courtesy of Soldier To Soldier HI Realty Courtesy of Celester Thomas, Soldier To Soldier HI 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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