$699,000
87-118 Alapaki St, Waianae, HI 96792
- -Bed
- -Bath
- 1025SqFt
- -Bed
- -Bath
- 1025SqFt
- Property TypeCondo
- Year Built1942
- Price per Sqft$682
- On highrises12 Days
Property Details
LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED sturdy homes located on one 5, 000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Potential CAP RATE about 6% with pro-forma rents of $1, 800/mo and $2, 200/mo respectively and insurance and property tax expenses. Front home 696 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge porch. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records. Monthly Property tax based on 2024 assessment.
Property Features
Bathrooms
- Total Bathrooms: 0
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Melody Rutherford
- state license#RS-71261
- Brokered by:
- Locations - Kapolei
- (808) 690-9555