INVESTOR DREAM! Are you looking for a rare, income-generating opportunity with strong fundamentals and long-term potential? This one-of-a-kind property features four 2-bed / 1-bath unitseach with separate electric meters, six on-site parking stalls, and an estimated market CAP rate near 5%.This might be the gem you've been waiting for. A truly unique opportunity where the numbers make senseand the location adds even more value. Each unit is thoughtfully designed with a vertical stack, meaning no upstairs neighborsoffering greater privacy, quieter living, and less wear-and-tear between tenants. Tenants will love the convenience of their own washers and dryers, the comfort of both front and backyard space, and the feel of a private townhouse rather than a traditional rental. Its an ideal setup for long-term tenant satisfaction and retentiongiving your investment lasting stability. Located just moments from Waikiki, Ala Moana, top schools, and some of Honolulus most popular dining, this property is positioned perfectly for todays renters. This isnt just another multifamily propertyits the kind of opportunity that doesnt come around often.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Interior Features
Land Info
- Lot Description: Cleared, Corner Lot, Interior Lot, Level
- Lot Size Acres: 0.1156107
- Topography: Level
- Lot Size Square Feet: 5036
Exterior and Lot Features
- Road Frontage Type: Private Road
Garage and Parking
- Parking Features: Three or more Spaces
- Parking Total: 6
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Maintenance Grounds, Maintenance Structure
Other Property Info
- Annual Tax Amount: 4824.00
- Source Listing Status: Active Under Contract
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
- Area: Metro
- Property Subtype: townhouse
- Source Neighborhood: KAPIOLANI
- Parcel Number: 1-2-7-023-053-0000
- Postal City: Honolulu
- Subdivision: KAPIOLANI
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Single Family Residence
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 3000
- Year Built: 1952
- Building Area Total: 3000
- Construction Materials: Hollow Tile, Single Wall
- Levels: Two
- Property Age: 73
- Property Condition: Average Condition
- Levels or Stories: 2
- House Style: Multiplex
- Total Area Sqft: 3000
- Architectural Style: Multiplex
Utilities
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Water Available
- Water Source: Public
Home Features
- Security Features: Key Card Entry