Two-story hollow tile building with 5 one-bedroom units and 8 parking spaces (4 tandem) situated in a highly desirable neighborhood one block from Kuakini Hospital. Rents are below market, and all tenants have 110v outlets for their own laundry. Installing coin laundry and increasing rents will increase income for this well-maintained building. Situated above the street level of North Kuakini, this property has excellent curb appeal and access off the main road. All units are separately metered for electricity, and one master meter for CAM electric. Appraised in October 2023 for $1, 460, 000.
Property Features
Bathrooms
Appliances
- Laundry Features: In Unit
Land Info
- Lot Description: Cleared, Corner Lot, Level
- Lot Size Acres: 0.1164371
- Topography: Level, Sloping
- Lot Size Square Feet: 5072
Garage and Parking
- Parking Features: Assigned
- Parking Total: 5
Homeowners Association
- 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: 3977.04
- Source Listing Status: Active Under Contract
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: NUUANU-LOWER
- Parcel Number: 1-1-7-020-029-0000
- Postal City: Honolulu
- Subdivision: NUUANU-LOWER
- Zoning Description: 11 - A-1 Low Density Apartment
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 53268
- Operating Expense: 18732
- Operating Expense Includes: Insurance, Manager, Maintenance, Real Estate Tax, New Tax, Water/Sewer
Building and Construction
- Year Built: 1965
- Building Area Total: 2565
- Construction Materials: Hollow Tile
- Levels: Two
- Property Age: 60
- Property Condition: Excellent
- Levels or Stories: 2
- Structure Type: Apartment, Multi Family
- Total Area Sqft: 2565
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Sewer Available
- Water Available
- Sewer Connected