An incredible opportunity to acquire a fee-simple, I-2 Zoned property with an existing 6 unit apartment building and excess parking lot leased to a commercial transportation company. Collect the cash-flow while you plan your redevelopment of the property for your business. Utilities are separately metered, owner pays for water. Washer and dryer hook ups are available. The corner lot property is well positioned in Kalihi Kai, within proximity to Amazon's new distribution center, Honolulu Harbor, Daniel K. Inouye International Airport, future Skyline stations, Downtown Honolulu, and major thoroughfares.
Property Features
Bathrooms
Appliances
- Laundry Features: In Unit
Land Info
- Lot Description: Corner Lot, Level
- Topography: Level
Garage and Parking
- Parking Features: Open
- Parking Total: 6
School Information
- Elementary School: Fern
- High School: Farrington
- Middle School: Kalakaua
Multi-Unit Info
Rental Info
- Tenant Pays: Air Conditioning, Cable TV, Electricity
Other Property Info
- Annual Tax Amount: 30648
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-006-068-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 42 - I-2 General Industrial Dis
- Property Subtype: Multi Family
Commercial Info
- Net Operating Income: 91532
- Operating Expense: 63268
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1960
- Building Area Total: 2904
- Construction Materials: Hollow Tile, Single Wall, Wood Frame
- Levels: Two
- Property Age: 65
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment
- Year Built Effective: 1970
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Water Available
- Sewer Connected