Great income earning opportunity in Ewa Beach on Old Ft. Weaver Rd. Property is zoned R-5 but grandfathered for commercial use so you benefit from huge savings on property taxes. Property consists of auto detailing, barber shop, and tattoo shop, 2 3/1 units, 1 2/1 unit, and a studio with no kitchen/wet bar. Monthly gross income is $9, 598/month and expenses are approximately $1, 250/month. Most of the rents are under market value because of long term relationships and both commercial and residential rents can be dramatically increased. Or be an owner user and utilize this property for your own business. Ample parking all along Old Ft. Weaver Rd. The possibilities are endless and your options are wide open.
Property Features
Bathrooms
Land Info
- Lot Description: Cleared, Interior Lot
- Lot Size Acres: 0.1856749
- Topography: Sloping
- Lot Size Square Feet: 8088
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Open
- Parking Total: 4
Home Features
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: 6672.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Ewaplain
- Property Subtype: condo
- Source Neighborhood: EWA
- Parcel Number: 1-9-1-021-006-0000
- Postal City: Ewa Beach
- Subdivision: EWA
- Zoning Description: 05 - R-5 Residential District
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 133380
- Operating Expense: 15000
- Operating Expense Includes: Real Estate Tax
Building and Construction
- Year Built: 1943
- Construction Materials: Hollow Tile, Single Wall, Wood Frame
- Levels: Two
- Property Age: 82
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Multi Family
Utilities
- Sewer: Connected
- Above Ground Utilities
- Electricity Available
- High Speed Internet Available
- Phone Available
- Sewer Available
- Water Available
- Sewer Connected
- Water Source: Public