Excellent investment opportunity if you are willing to put in the work. 3-story hollow tile walk-up building with 9 total units: 4-1 Bedroom units; 5 2-bedroom units. Building needs painting, spalling repairs, and plumbing repairs on the exterior. Each unit has nice open floor plans and attached lanais but needs renovation. 4-5 covered parking spaces and 1 open parking space. Each unit has its own electric meter and 1 meter for the common areas. Storage area on the ground floor in the parking area. Property is gated but fencing needs repair. Seller is requesting any offers to be submitted by 5pm on Sunday 2/2/2025. Please submit on a HAR Commercial Real Property Purchase and Sale Agreement.
Property Features
Bathrooms
Interior Features
- Furnished Description: Unfurnished
Land Info
- Lot Description: Interior Lot, Level
- Lot Size Acres: 0.1206612
- Topography: Level
- Lot Size Square Feet: 5256
Garage and Parking
- Open Parking: Yes
- Parking Features: Assigned, Covered, Open
- Parking Total: 5
Home Features
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
- Tenant Pays: Cable TV, Electricity, Gas
Other Property Info
- Annual Tax Amount: 4283.64
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Waipahu
- Property Subtype: condo
- Source Neighborhood: WAIPAHU-LOWER
- Parcel Number: 1-9-4-039-038-0000
- Postal City: Waipahu
- Subdivision: WAIPAHU-LOWER
- Zoning Description: 17 - AMX-2 Medium Density Apt M
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 1
- Operating Expense: 1
- Operating Expense Includes: Insurance, Manager, Real Estate Tax
Building and Construction
- Year Built: 1966
- Building Area Total: 4920
- Construction Materials: Hollow Tile, Concrete
- Levels: Three Or More
- Property Age: 59
- Property Condition: Average Condition, Repairs Major
- Structure Type: Apartment
- Total Area Sqft: 4920
Utilities
- Sewer: Connected
- Cable Available
- Natural Gas Available
- Phone Available
- Water Available
- Sewer Connected
- Water Source: Public