Welcome to this prime opportunity to own a 4 unit building in Kapalama! This multi-family residential building boasts four 2 bed/ 1 bath/ 1 parking units that are all separately metered for electric and water so tenants pay their own utility. The property offers a steady flow of income in a highly rentable area with the net cap rate at 4.64%. The building is very well maintained and is ready for a first time or seasoned investor to come make it their own. This building is centrally located in close proximity to shops, restaurants, convenience stores, gas stations, bus routes and much more! Don't wait and miss this amazing opportunity to start or grow your investment portfolio! Do Not bother any tenants. Do Not walk on the property without appointment
Property Features
Bathrooms
Land Info
- Lot Description: Level
- Lot Size Acres: 0.0733471
- Topography: Level
- Lot Size Square Feet: 3195
Garage and Parking
- Parking Features: Assigned, Covered
- Parking Total: 4
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Amenities and Community Features
- Community Features: Storage Facilities
Other Property Info
- Annual Tax Amount: 3840.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPALAMA
- Parcel Number: 1-1-2-011-091-0000
- Postal City: Honolulu
- Subdivision: KAPALAMA
- Zoning Description: 46 - IMX-1 Industrial-Commercia
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 69572
- Operating Expense: 8560
- Operating Expense Includes: Insurance, Real Estate Tax, New Tax
Building and Construction
- Year Built: 1963
- Construction Materials: Hollow Tile
- Foundation Details: Slab
- Levels: Two
- Property Age: 62
- Property Condition: Average Condition, Good Condition
- Levels or Stories: 2
- Structure Type: Apartment
- Year Built Effective: 1973
Utilities
- Sewer: Connected
- Above Ground Utilities
- Cable Available
- Electricity Available
- High Speed Internet Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public