Kapalama Multi-Family

907 Gulick Avenue, Honolulu, Oahu 96819 Get Directions

$1,499,000

 

Lot Size Area
3,195 SqFt
Land Tenure
Fee Simple
MLS #
202411637
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Overview

Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for a first time or seasoned investor to come make it their own. This building is centrally located in close proximity to shops, restaurants, convenience stores, gas stations, bus routes and much more! Don't wait and miss this amazing opportunity to start or grow your investment portfolio! Do Not bother any tenants. Do Not walk on the property without appointment

Property Details

Amenities
Storage
Building Type
Apartments
Construction Materials
Hollow Tile, Slab
Neighborhood
Kapalama
Net Operating Income
69572.00
Number Of Units Total
4
Parking Features
Assigned, Covered
Parking Total
4
Property Type
Multi-Family
Status
Active
Stories
2
Total Actual Rent
$6,511
Total Annual Operating Expenses
$8,560
Total Income
$78,132
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City
Year Built
1963
Year Remodeled
1973

Additional Property Info

Disclosures
Property Disclosure Stmt
Days on Market
1
Flood Zone
Zone X
Property Condition
Above Average, Average
Roof
Other
Tax Amount
$320
Tax Assessed Value
$1,097,500
Tax Assessed Value Improvements
$149,500
Tax Assessed Value Land
$948,000
Topography
Level
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone
Zoning
46 - IMX-1 Industrial-Commercia

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Listing Courtesy of Five Star Realty, Inc. Courtesy of Vincent Lao, Five Star Realty, Inc..
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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