Perfect turn key investment property! Renovated interiors, newly painted exterior, and stabilized rents with great cashflow! All the work is done! High demand rental area with close proximity to Queen's Hospital, Straub Hospital, Downtown Honolulu and more. Seven (7) - 2 Bed / 1 Bath and Three (3) - 1 Bed / 1 Bath apartment units. Strong Cashflow generating over $14k in gross rents and an in place 6.2% CAP rate on stabilized income and expenses.
Property Features
Bathrooms
Appliances
- Dryer
- Washer
- Laundry Features: Coin-operated
Interior Features
- Furnished Description: Partially
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.1487603
- Topography: Level
- Lot Size Square Feet: 6480
Garage and Parking
- Parking Features: Assigned
- Parking Total: 4
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas
Other Property Info
- Annual Tax Amount: 5280.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: PUNCHBOWL-LOWER
- Parcel Number: 1-2-1-039-044-0000
- Postal City: Honolulu
- Subdivision: PUNCHBOWL-LOWER
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 116100
- Operating Expense: 56210
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1947
- Construction Materials: Concrete, Single Wall
- Levels: Two
- Property Age: 78
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- Natural Gas Available
- High Speed Internet Available
- Phone Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public
