Are you a savvy real estate investor seeking a centrally-located and fully-occupied apartment building? Look no further! Ideally located in lower Nuuanu only moments from the excitement of Downtown, this 20-unit property offers residents unparalleled comfort with tons of nearby conveniences. Concrete construction, four-floor walkup (5-units per floor) with a 1:1 parking ratio. Each 2BR/1BA unit boasts a well-maintained interior, which includes neutral paint tones, openly flowing layouts, tons of natural light, spacious living room, two large bedrooms, full bathroom, and a fully-equipped kitchen. Residents occupying the first-floor also enjoy the benefit of a private back patio area. Additional considerations include separate electrical meters, easy access to windward side, lovely views, and more! Take advantage of this rare opportunity to add a unique property to your growing portfolio. NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.
Property Features
Bathrooms
Appliances
- Laundry Features: Coin-operated
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.3174931
- Topography: Level
- Lot Size Square Feet: 13830
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open
- Parking Total: 20
Homeowners Association
- Association Amenities: Management
- 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: 15240.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: PUNCHBOWL AREA
- Parcel Number: 1-2-2-002-033-0000
- Postal City: Honolulu
- Subdivision: PUNCHBOWL AREA
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 185838
- Operating Expense: 106626
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1972
- Construction Materials: Concrete
- Levels: Three Or More
- Property Age: 53
- Property Condition: Good Condition
- Structure Type: Apartment
Utilities
- Sewer: Connected
- Cable Available
- Electricity Available
- High Speed Internet Available
- Phone Available
- Underground Utilities
- Water Available
- Sewer Connected
- Water Source: Public