Two Parcel Multifamily Opportunity ( Must be sold together ) This offering includes two adjacent fee-simple parcels (TMK112-006-118 & TMK), delivering versatile income potential in the two parcels, 12 income-producing units with reliable cash flow , designated parking , and a prime location, Near by Young Brother and Amazon warehouse Parcel A (1611 Kahai): A well-maintained low-rise with 6 one-bedroom units. With Individual Electric meter for each Unit and One water Meter. 5 Designated parking stalls Parcel B: (1617 Kahai) Includes two distinct dwellings front house have total of 4 bedroom. 2 bedroom 1 bath Main floor and 2 bedroom 1 bath basement , Both rented separately .Rear Dwelling, containing 4 studios units with individual meter, for each unit. 3 Parking stalls Property differ rom Tax Record, Please do Not Walk on Property or Disturb the Tenants:
Property Features
Bathrooms
Appliances
- Laundry Features: Coin-operated
Heating and Cooling
- Cooling Features: Central Air
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.2295684
- Topography: Level
- Lot Size Square Feet: 10000
Garage and Parking
- Parking Features: Assigned, Covered
- Parking Total: 8
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Parking Fee
Other Property Info
- Annual Tax Amount: 35451.96
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-006-118-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 42 - I-2 General Industrial Dis
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 137017.4299999
- Operating Expense: 65466.62000000
- Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1952
- Construction Materials: Concrete, Vinyl Siding
- Foundation Details: Slab
- Levels: Two
- Property Age: 73
- Property Condition: Average Condition, Good Condition
- Levels or Stories: 2
- Structure Type: Apartment, Multi Family
- Year Built Effective: 2025
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public