Overview
TO BE SOLD with Adjacent Property (Parcel 117-19-8), MLS #202426382. Combined, these properties offer 19 income-generating 2-bedroom, 1-bath units on 26,941 square feet of A-1 zoned land centrally located in Downtown Honolulu. An incredible investment opportunity for the developer, creative investor, or/and contractor! Prime development opportunity on high-income property with potential high-rise (please consult with buyer's architect). This specific parcel includes five plantation-style cottages, each with 2 bedrooms and 1 bath. It provides privacy while being close to bus lines, shopping, restaurants, easy access H-1 freeways (East and West), downtown business districts. The property (5 single family dwellings) is being sold as-is (1 WATER METER, 5 ELECTIC METERS, AND APPROX. 1-2 GAS METERS). Donât miss out on this rare findâitâs a great buy with amazing potentials on apartment zoning!
Property Details
- Building Type
- Multi Dwellings
- Construction Materials
- Above Ground, Wood Frame
- Furnished
- Partial
- Location
- Inside
- Neighborhood
- Kuakini
- Net Operating Income
- 106981.32
- Number Of Units Total
- 5
- Parking Features
- Assigned, Covered, Open, Tandem
- Parking Total
- 8
- Property Type
- Multi-Family
- Building SqFt
- 4,588
- Total SqFt
- 4,588
- Status
- Active
- Stories
- 2
- Total Actual Rent
- $11,070
- Total Annual Operating Expenses
- $25,859
- Total Income
- $132,840
- View
- City, Garden
- Year Built
- 1940
- Year Remodeled
- 2009
Additional Property Info
- Disclosures
- Property Disclosure Stmt
- Days on Market
- 3
- Flood Zone
- Zone X
- Laundry Facilities
- Individual
- Property Condition
- Fair
- Roof
- Asphalt Shingle
- Tax Amount
- $488
- Tax Assessed Value
- $1,673,200
- Tax Assessed Value Improvements
- $192,600
- Tax Assessed Value Land
- $1,480,600
- Topography
- Level
- Utilities
- Gas, Internet, Public Water, Sewer Fee, Water
- Zoning
- 11 - A-1 Low Density Apartment
Courtesy of Brian Chua, 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.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
