Dont miss this rare opportunity to own a solid two-story hollow tile fourplex. Each unit features 2 bedrooms, 1 bathroom, and 2 parking stalls, offering strong rental demand. The property sits on IMX-zoned land, opening the door to a variety of potential uses and future development opportunities. Theres also a vacant portion of the lotperfect for adding additional units or creating extra income streams (buyer to verify). All units are individually metered for electricity, with tenants responsible for their own usage. Property is in close proximity to stores, restaurants, schools, H-Mart and much more. Whether you're looking to grow your portfolio or start with a stable income-producing property, this is a great opportunity! Don't wait, schedule your viewing today and take hold of this amazing opportunity! You can lower the property tax by submitting the Residential Dedication form.
Property Features
Bathrooms
Land Info
- Lot Description: Flag Lot, Level
- Lot Size Acres: 0.1294307
- Topography: Level
- Lot Size Square Feet: 5638
Garage and Parking
- Open Parking: Yes
- Parking Features: Open
- Parking Total: 8
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity
Other Property Info
- Annual Tax Amount: 15212.28
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-014-094-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 46 - IMX-1 Industrial-Commercia
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 28008
- Operating Expense: 24792
- Operating Expense Includes: Insurance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1955
- Construction Materials: Hollow Tile, Wood Frame
- Levels: Two
- Property Age: 70
- Property Condition: Average Condition
- Levels or Stories: 2
- House Style: Fourplex
- Architectural Style: Fourplex
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Phone Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public