A prime multifamily investment opportunity in the strongest rental neighborhoods, Makiki, Honolulu. The 13-unit building consisting of 12 (studios) & 1 (1bd/1ba) unit has a current gross income of $223K/year. The owner has completed improvements such as new windows, flooring, exterior and interior paint, and entry doors. Tenants have access to a common laundry area. There are 5 parking stalls on-site. Utilities are the owner's responsibility as there is only one house meter, for electricity, water, and gas. Within proximity to Safeway Beretania, post office, bust routes, and freeway access.
MLS# | 202428319 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1928 |
Days On Site | 32 |
Listing Provided By | Kynan K L Pang | Kynan Pang |
SQ Feet | 2,817 |
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Story(s) | 2 |
Units | 13 |
Zoning | 12 - A-2 Medium Density Apartme |
Property View | None |
State | HI |
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County | Oahu |
City | Honolulu |
Zip Code | 96822 |
Area | Oahu |
Community Name | MAKIKI AREA |
Listing VS Median (in MAKIKI AREA) | |
Price: $3,380,000 low | high Med: $360,000 SqFt: 2,817 low | high Med: 721 $ / SqFt: $1,200 low | high Med: $499 On Site: 32 low | high Med: 105.000000 |