TO BE SOLD with Adjacent Property (Parcel 117-19-7), MLS #202426340 Combined, these properties offer 19 income-generating 2-bedroom, 1-bath units on 26, 941 square feet of A-1 zoned land centrally located in Downtown Honolulu. An incredible investment opportunity for the right developer, creative investor, or contractor! Prime development opportunity on high-income property with potential high-rise (please consult with buyer's architect). This parcel currently includes 3 apartment buildings with 14 of the 2-bedroom, 1-bath units, and a vacant lot approximately (35 foot by 30). 12 WATER (C building has shared meters) & 14 GAS & ELECTRIC METER (TENANT REPONSIBLE FOR ALL UTILITIES). It provides privacy while being close to bus lines and shopping, restaurants, downtown business districts, easy to access H-1 freeway (East and West). The property is being sold as-is. Dont miss out on this rare findits a great buy with endless potential!
Property Features
Bathrooms
Appliances
- Laundry Features: In Unit
Land Info
- Lot Description: Cleared, Interior Lot, Irregular Lot, Level
- Lot Size Acres: 0.4117769
- Topography: Level
- Lot Size Square Feet: 17937
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open, Tandem
- Parking Total: 17
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas, Parking Fee, Water
Other Property Info
- Annual Tax Amount: 8304.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KUAKINI
- Parcel Number: 1-1-7-019-008-0000
- Postal City: Honolulu
- Subdivision: KUAKINI
- Zoning Description: 11 - A-1 Low Density Apartment
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 185988.3599999
- Operating Expense: 16307.63999999
- Operating Expense Includes: Insurance, Real Estate Tax
Building and Construction
- Year Built: 1954
- Building Area Total: 4984
- Construction Materials: Wood Frame
- Levels: Two
- Property Age: 71
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Multi Family
- Total Area Sqft: 4984
- Year Built Effective: 2010
Utilities
- Sewer: Connected
- Natural Gas Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public