Overview
Discover an extraordinary investment opportunity in the heart of Waianae, Hawaii. This newly redeveloped R-5 residential zoned land on St. John's Rd presents five turnkey houses, each with 3 bedrooms, 2 bathrooms, and a two-car carport. Boasting spacious yards, separate electric meters, and located on a private cul-de-sac, this multi-family property is a haven for 1031 exchange investors. Recently upgraded, the main bedroom now features an in-suite bathroom, while the entire property showcases new walls, paint, floors, fixtures, kitchens, carports, fences, gates, and lanais. Enjoy the convenience of a full bathroom with a shower in the main bedroom, and a second bathroom with a tub. The kitchen dazzles with new cabinets, refrigerator, and stove. The living room offers comfort with a ceiling fan, and the large fenced yard provides ample space. Washer/dryer hookups are available on the back lanai. All houses are legally permitted and potential for five houses CPRed adds even more value. Don't miss this incredible income-producing opportunity in Waianae. Contact us today!
Property Details
- Building Type
- Multi Dwellings
- Construction Materials
- Double Wall, Wood Frame
- Location
- Cul-De-Sac
- Neighborhood
- Maili
- Net Operating Income
- 135528.00
- Number Of Units Total
- 5
- Parking Features
- Covered
- Parking Total
- 12
- Property Type
- Multi-Family
- Status
- Active
- Stories
- 1
- Total Actual Rent
- $13,000
- Total Annual Operating Expenses
- $20,472
- Total Income
- $156,000
- Year Built
- 1946
- Year Remodeled
- 2022
Additional Property Info
- Days on Market
- 484
- Elementary School
- Maili
- Flood Zone
- Zone X
- High School
- Waianae
- Middle/Junior School
- Waianae
- Property Condition
- Excellent
- Roof
- Asphalt Shingle
- Tax Amount
- $347
- Tax Assessed Value
- $1,189,600
- Tax Assessed Value Improvements
- $81,200
- Tax Assessed Value Land
- $1,108,400
- Topography
- Level
- Utilities
- Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
- Zoning
- 05 - R-5 Residential District
Courtesy of Ash Tawfik, Hawaii Real Estate Properties.
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.
