$2,500,000
 $13,421 est/mo Sourced by Back At You

87-274d St Johns Road , Waianae, HI 96792

Waianae, HI 96792

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Description

FIVE HOUSES. A prime investment opportunity in Waianae, Hawaii, offering exceptional value in Hawaii’s most promising market. This newly redeveloped multi-family property on St. John's Road sits on 28,785 SF of R-5 zoned land and features five turnkey homes, each with 3 bedrooms, 2 bathrooms, and a two-car carport, making it attractive for 1031 exchange investors seeking high income-generating potential with a stabilized gross monthly income of $13,000. With competitive pricing, this property stands out in the local market, offering strong return on investment. Each home is upgraded with new walls, paint, flooring, high-end fixtures, and modern kitchens, along with private, spacious yards and separate electric meters. Located on a peaceful cul-de-sac, the master suites feature en-suite bathrooms with showers, while second bathrooms include tubs for added convenience. Key investment features: Modern kitchens with new appliances (refrigerator and stove) Expansive, fenced yards with washer/dryer hookups Two-car carports for each home All homes are legally permitted with potential for CPR (Condominium Property Regime) development, further enhancing long-term investment value.

Details

MLS#202226278
Listing TypeFor Sale
StyleTown House
StatusActive
Year1946
Days On Site396
Listing Provided ByHawaii Real Estate Properties | Ash Tawfik

Features

Story(s)1
Acreage28785.00
Property ViewNone

Market Activity 96792

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Learn More About This Property

StateHI
CityWaianae
Zip Code96792
AreaOahu
School DistrictWaianae
Elementary SchoolMaili
Listing VS Median (in 96792)
Price:
$2,500,000
low | high
Med:
$502,000
100% of Average
On Site:
396
low | high
Med:
181.500000
100% of Average
Sourced by Back At You
Listing Updated: September 26, 2024 at 7:05:43 AM PDT
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