Overview
Donât miss this Incredible Opportunity to own a LEGAL Fourplex with A-2 Apartment Zoning in an AMAZING location behind the back entrance of UH Manoa! Seller has been getting $7,100 per month in rent. Seller left one unit open on purpose, so a buyer could take advantage of an OWNER OCCUPANT LOAN. Live in one unit and have the rest pay your mortgage! Or rent them all out and cash in! With this central location on Waialae Ave. near shopping, business district, freeway and bus access, you wonât have a problem finding a tenant. (2) 1 bedrooms in the main home, (1) 2 bedroom in the main home and a separate detached 2 bedroom cottage each with their own electrical meter. 6 parking stalls, storage and ACâs in each unit. Tenants pay for cable and electricity and provide their own washer and dryer. The property was recently repaired and renovated in 2022. New Roof, Paint, Electrical, Plumbing, Appliances, Vinyl Windows, and Flooring. Sellerâs hard work is your gainâ¦Just Close and Collect your Checks! Please do not disturb tenants. Listing Agent must be present to show with at least 48 hour notice.
Property Details
- Amenities
- A/C, Storage
- Building Type
- Fourplex
- Construction Materials
- Double Wall, Hollow Tile, Single Wall, Slab, Wood Frame
- Location
- Cul-De-Sac
- Neighborhood
- Moiliili
- Net Operating Income
- 61945.49
- Number Of Units Total
- 4
- Parking Features
- Assigned, Open
- Parking Total
- 6
- Property Type
- Multi-Family
- Status
- Active
- Stories
- 2
- Total Actual Rent
- $7,100
- Total Annual Operating Expenses
- $19,055
- Total Income
- $81,000
- Year Built
- 1941
- Year Remodeled
- 2022
Additional Property Info
- Disclosures
- Inactive Licensed Owner, Property Disclosure Stmt
- Days on Market
- 1
- Elementary School
- Kuhio
- Flood Zone
- Zone AE, Zone AEF
- High School
- Kaimuki
- Laundry Facilities
- Individual
- Middle/Junior School
- Washington
- Property Condition
- Above Average
- Roof
- Asphalt Shingle
- Tax Amount
- $398
- Tax Assessed Value
- $1,365,600
- Tax Assessed Value Improvements
- $216,100
- Tax Assessed Value Land
- $1,149,500
- Topography
- Level
- Utilities
- Cable, Internet, Overhead Electricity, Telephone, Water
- Zoning
- 12 - A-2 Medium Density Apartme
Courtesy of Rachel Barnette, BHGRE Advantage Realty.
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.
