Overview
TO BE SOLD with Adjacent Property (Parcel 117-19-7), MLS #202426340 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 right developer, creative investor, or contractor! Prime development opportunity on high-income property with potential high-rise (please consult with buyer's architect). This parcel currently includes 3 apartment buildings with 14 of the 2-bedroom, 1-bath units, and a vacant lot approximately (35 foot by 30). 14 WATER & GAS & ELECTRIC METER (TENANT REPONSIBLE FOR ALL UTILITIES). It provides privacy while being close to bus lines and shopping, restaurants, downtown business districts, easy to access H-1 freeway (East and West). The property is being sold as-is. Donât miss out on this rare findâitâs a great buy with endless potential!
Property Details
- Building Type
- Multi Dwellings
- Construction Materials
- Above Ground, Wood Frame
- Location
- Inside
- Neighborhood
- Kuakini
- Net Operating Income
- 185988.36
- Number Of Units Total
- 14
- Parking Features
- Assigned, Open, Tandem
- Parking Total
- 17
- Property Type
- Multi-Family
- Building SqFt
- 4,984
- Total SqFt
- 4,984
- Status
- Active
- Stories
- 2
- Total Actual Rent
- $16,858
- Total Annual Operating Expenses
- $16,308
- Total Income
- $202,296
- View
- City, Garden
- Year Built
- 1954
- Year Remodeled
- 2010
Additional Property Info
- Disclosures
- Property Disclosure Stmt, See Remarks
- Flood Zone
- Zone X
- Laundry Facilities
- Individual
- Property Condition
- Fair
- Roof
- Asphalt Shingle
- Tax Amount
- $692
- Tax Assessed Value
- $2,372,900
- Tax Assessed Value Improvements
- $196,900
- Tax Assessed Value Land
- $2,176,000
- Topography
- Level
- Utilities
- Gas, 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.
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