Great income producing property! Consisting of 7 units: 4 studios and 3 one bedroom/one bath with 2 car carport. Ample street parking and close to bus lines. Owner replaced all of the posts and beams under the house as this is a post and pier construction. One studio has been fully renovated and one has been partially renovated. The other units are in fair condition. Exterior was recently painted with the addition of concrete stairs, fences and gates. Most of the rents are under market. Owner experimented with fully renovating a unit and the rent was increased from $950 to $1400! This is a significant increase with a small investment for renovation.
Property Features
Bathrooms
Interior Features
- Furnished Description: Partially
Land Info
- Lot Description: Cleared, Corner Lot, Level
- Lot Size Acres: 0.062259
- Topography: Level
- Lot Size Square Feet: 2712
Garage and Parking
- Parking Features: Covered
- Parking Total: 2
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
Other Property Info
- Annual Tax Amount: 3114.60
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MAKIKI
- Parcel Number: 1-2-4-030-040-0000
- Postal City: Honolulu
- Subdivision: MAKIKI
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 61496
- Operating Expense: 24891
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, Water/Sewer
Building and Construction
- Year Built: 1936
- Building Area Total: 3252
- Construction Materials: Single Wall
- Levels: Two
- Property Age: 89
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment
- Total Area Sqft: 3252
- Year Built Effective: 1970
Utilities
- Sewer: Connected
- Cable Available
- High Speed Internet Available
- Phone Available
- Sewer Available
- Water Available
- Sewer Connected