Rare Investment Opportunity! 4 units, zoned A-2 Apartment, is perfectly situated just behind the back entrance of UH Manoaan unbeatable location! Whether you're looking to live in one unit and offset your mortgage with rental income or rent out all four for strong cash flow, this property offers endless potential. Conveniently located on Waialae Ave, the property is in close proximity to shopping, freeway access, public transportation, multitude of restaurants, shops and much more! The layout includes (2) one-bedroom units and (1) two-bedroom unit in the main home, plus a detached two-bedroom cottageeach with its own electrical meter. Additional features include six parking stalls, storage, and AC units in each unit. The property underwent significant renovations in 2022, including a new roof, fresh paint, updated electrical and plumbing, modern appliances, vinyl windows, and new flooring. With strong rental demand in this highly desirable area, this property is a fantastic opportunity for both investors and owner-occupants alike! Don't wait, schedule your viewing today and explore what this opportunity can offer you!
Property Features
Bathrooms
Appliances
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.1147383
- Topography: Level
- Lot Size Square Feet: 4998
Garage and Parking
- Open Parking: Yes
- Parking Features: Open
- Parking Total: 6
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: 5065.44
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: MOILIILI
- Parcel Number: 1-2-7-028-046-0000
- Postal City: Honolulu
- Subdivision: MOILIILI
- Zoning Description: 12 - A-2 Medium Density Apartme
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 1
- Operating Expense: 1
Building and Construction
- Year Built: 1941
- Building Area Total: 2490
- Construction Materials: Double Wall, Hollow Tile, Single Wall, Wood Frame
- Foundation Details: Slab
- Levels: Two
- Property Age: 84
- Property Condition: Excellent, Good Condition
- Levels or Stories: 2
- House Style: Fourplex
- Total Area Sqft: 2490
- Year Built Effective: 2022
- Architectural Style: Fourplex
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Water Available
- Sewer Connected
- Water Source: Public