Discover a rare chance to invest in not one, but two revenue-generating properties that promise exceptional returns: Prime, 2 Level Apartment Building: 6 units, each fetching $1, 200 - $1, 600 in monthly rent (current rent is under market value) Ample parking with 5 dedicated stalls A steady cash flow from reliable tenants Corner Parking Lot w/Endless Potential: 5 tandem spaces generating $3, 000 per month Lot is equipped with water/sewer meters for added convenience It is zoned for Industrial I-2 : office/commercial gentrification, presenting a unique opportunity for future development This is not just an investment; it's a doorway to unlocking the full potential of these strategically positioned properties. Act now and seize the opportunity to diversify your portfolio with this unicorn investment. Contact us today to schedule a viewing and explore the untapped possibilities that await!
Property Features
Bathrooms
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.2184114
- Topography: Level
- Lot Size Square Feet: 9514
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open
- Parking Total: 15
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 26400.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-006-068-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 42 - I-2 General Industrial Dis
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 96600
- Operating Expense: 26400
- Operating Expense Includes: Real Estate Tax
Building and Construction
- Year Built: 1960
- Construction Materials: Brick
- Levels: Two
- Property Age: 65
- Property Condition: Good Condition
- Levels or Stories: 2
- Structure Type: Multi Family
- Year Built Effective: 1970
Utilities
- Sewer: Connected
- Cable Available
- High Speed Internet Available
- Water Available
- Sewer Connected