Rare Opportunity & Exceptional Value, some homeowners considered better than fee simple! Affordable Honolulu/In-town Condo with Long (70-yr, 45 yrs remaining) Lease and a low, fixed lease rent secured to September 1, 2070. When the fee interest was made available in 2020-2021 less than 10% of homeowners opted to purchase, recognizing the remarkable affordability and long-term security of the existing lease terms. This upgraded restored and refreshed unit offers modern comfort at a fraction of the price you'd expect. In move-in ready-freshly painted, smooth ceiling, electrical updates, new AC units, thoughtful repairs throughout. Large picture windows and sliding doors from the bedroom and living room spill onto an inviting covered lanai and private retreat to enjoy the gentle trades and peaceful sights of Punchbowl, city lights and ocean beyond. Covered parking, guest parking, security. Pampering amenities-heated pool, sauna, exercise room. Convenient to town or freeway access to airport or the Windward side. A hidden gem offers affordability in a desirable location with unbeatable value.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Flooring: Carpet, Ceramic Tile, Laminate
Other Rooms
Garage and Parking
- Parking Features: Assigned, Covered, Guest, One Space, Secured
- Parking Total: 1
Home Features
- View: City, Ocean, Sunrise
- Security Features: Key Card Entry, Security Guard
School Information
- Elementary School: Pauoa
- High School: Roosevelt
- Middle School: Kawananakoa
Homeowners Association
- Association Amenities: Management
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Common Areas, Hot Water, Maintenance Grounds, Maintenance Structure, Sewer, Water
- Maintenance Expense: 743.55
Rental Info
- Lease Amount: 65.17
- Lease Expiration: 2070-09-01
Amenities and Community Features
- Community Features: Barbecue, Fitness, Pool, Sauna, Trash Chute
Other Property Info
- Annual Tax Amount: 900.24
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Inclusions: AC Window Unit, Blinds, Cable TV, Dishwasher, Dryer, Range Hood, Range/Oven, Refrigerator, Washer
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: NUUANU-LOWER
- Parcel Number: 1-2-2-010-035-0130
- Postal City: Honolulu
- Subdivision: NUUANU-LOWER
- Zoning Description: 13 - A-3 High Density Apartment
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 628
- Year Built: 1979
- Building Area Total: 737
- Building Name: Nuuanu Brookside
- Construction Materials: Masonry, Concrete, Stucco
- Entry Level: 17
- Foundation Details: Slab
- Levels: One
- Property Age: 46
- Property Condition: Average Condition
- House Style: High Rise
- Total Area Sqft: 737
- Architectural Style: High Rise