Makiki Multi Family

1665 Piikoi Street, Honolulu, Oahu 96822 Get Directions

$2,000,000

 

Total SqFt
3,252
Lot Size Area
2,712 SqFt
Land Tenure
Fee Simple
MLS #
202424164
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Overview

Great income producing property! Consisting of 7 units: 4 studios and 3 one bedroom/one bath with 2 car carport. Ample street parking and close to bus lines. Owner replaced all of the posts and beams under the house as this is a post and pier construction. One studio has been fully renovated and one has been partially renovated. The other units are in fair condition. Exterior was recently painted with the addition of concrete stairs, fences and gates. Most of the rents are under market. Owner experimented with fully renovating a unit and the rent was increased from $950 to $1400! This is a significant increase with a small investment for renovation.

Property Details

Building Type
Apartments
Construction Materials
Single Wall
Furnished
Partial
Location
Corner
Neighborhood
Makiki
Net Operating Income
61496.00
Number Of Units Total
7
Parking Features
Covered
Parking Total
2
Property Frontage
Other
Property Type
Residential Income
Building SqFt
3,252
Total SqFt
3,252
Status
Active
Total Actual Rent
$7,900
Total Annual Operating Expenses
$24,891
Total Income
$86,388
View
City, Mountain(s)
Year Built
1936
Year Remodeled
1970

Additional Property Info

Disclosures
Property Disclosure Stmt
Flood Zone
Zone X
Property Condition
Average
Roof
Asphalt Shingle
Tax Amount
$260
Tax Assessed Value
$889,900
Tax Assessed Value Improvements
$198,300
Tax Assessed Value Land
$691,600
Topography
Level
Utilities
Cable, Internet, Sewer Fee, Telephone, Water
Zoning
12 - A-2 Medium Density Apartme

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Listing Courtesy of Ivy K Realty, LLC Courtesy of Marc T Kumai, Ivy K Realty, LLC.
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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