Investment opportunity in Makiki with excellent freeway access and just minutes from Downtown Honolulu. This multi-family property features high rental income with potential for future growth. The property consists of three 2-story buildings, offering 16 one-bedroom/one-bath units and 1 two-bedroom/one-bath unit, for a total of 17 units and 7 parking stalls (including 2 tandem). A rare chance to own a prime income-producing property in a centrally located neighborhood.
Property Features
Bathrooms
Appliances
- Laundry Features: Coin-operated
Land Info
- Lot Description: Cleared, Interior Lot, Level
- Lot Size Acres: 0.1850321
- Topography: Level
- Lot Size Square Feet: 8060
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Covered, Open, Tandem
- Parking Total: 7
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas
Other Property Info
- Annual Tax Amount: 6510.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MAKIKI AREA
- Parcel Number: 1-2-4-021-049-0000
- Postal City: Honolulu
- Subdivision: MAKIKI AREA
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 200124.1400000
- Operating Expense: 88499.86000000
- Operating Expense Includes: Insurance, Manager, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1927
- Building Area Total: 5908
- Construction Materials: Brick, Hollow Tile, Concrete, Single Wall, Wood Frame
- Foundation Details: Slab
- Levels: Two
- Property Age: 98
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment, Multi Family
- Total Area Sqft: 5908
- Year Built Effective: 2015
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- High Speed Internet Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public
