Kuakini Multi Family

260 N School Street, Honolulu, Oahu 96817 Get Directions

$2,350,000

 

Total SqFt
4,588
Lot Size Area
9,004 SqFt
Land Tenure
Fee Simple
MLS #
202426340
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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). Don’t miss out on this rare find—it’s 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
Residential Income
Building SqFt
4,588
Total SqFt
4,588
Status
Active
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

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Listing Courtesy of Five Star Realty, Inc. 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 2025 by HiCentral MLS, Ltd.

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