Calling all investors looking for a turnkey investment opportunity with immediate rental income. This high-floor, tenant-occupied unit is ideal for investors seeking a stabilized asset in a centrally located Honolulu building. The efficient layout offers excellent natural light and expansive city views. This one bedroom one bathroom unit comes with one assigned covered parking stall and features an enclosed lanai, creating additional usable interior living space larger than many comparable units in the building. Other features include vinyl plank flooring, granite counters, roller screens in living room and bedroom, stacked washer/dryer and built-in shelving. The building is secured and offers amenities including a swimming pool, barbecue area and even a convenience store on property enhancing tenant retention and marketability. Centrally located near Downtown Honolulu, Queen's Medical Center, vibrant Kaka'ako, freeway access, dining, and public transportation. Consistent tenant demand make this property well suited for buy-and-hold investors or those looking to expand their portfolio.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Garage and Parking
- Parking Features: Assigned, Covered, Guest, One Space, On Street
- Parking Total: 1
Home Features
- View: City, Sunset
- Security Features: Closed Circuit Camera(s), Elevator Secured, Key Card Entry, Fire Sprinkler System
Homeowners Association
- Association Fee Includes: Common Areas, Sewer, Water
- Maintenance Expense: 650.17
Amenities and Community Features
- Community Features: Barbecue, Community Pool, Recreation Area
Other Property Info
- Annual Tax Amount: 946
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: Ceiling Fan,Dishwasher,Dryer,Range/Oven,Refrigerator,Smoke Detector,Washer
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: PUNCHBOWL-LOWER
- Parcel Number: 1-2-1-040-003-0099
- Postal City: Honolulu
- Subdivision: PUNCHBOWL-LOWER
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 689
- Year Built: 1976
- Building Area Total: 689
- Building Name: Kinau Lanais
- Construction Materials: Concrete
- Entry Level: 12
- Levels: One
- Property Age: 50
- Property Condition: Average Condition, Good Condition, Updated/Remodeled
- Levels or Stories: One
- Architectural Style: High Rise