825 Olokele AVE, Honolulu, HI 96816
825 Olokele AVE, Honolulu, HI 96816
825 Olokele AVE, Honolulu, HI 96816
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Listed by NextHome KU Realty
$1,995,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Kapahulu

MLS Listing ID 202616331

Style Fourplex

Construction Status Average Condition,Good Condition

HOA Y/N No

Year Built 1940

Annual Tax Amount $14,553

Property Sub-Type Multi Family

Property Description

You will love this well maintained duplex and fourplex. Recently painted & the owner has paid attention to the details. All 1 bedroom with 1 bathroom units each with an assigned/covered parking stall. The duplex was built in 1940, with the fourplex being completed in 1958. Tenants pay their own electricity due to separate metering. Each unit has its own hot water heater too. The rents are strong with the possibility of more income when units turnover. Kapahulu location means the units are central to Waikiki, Ala Moana, Kakaako, Kahala, The University of Hawaii, Chaminade University & Kapiolani Community College. Very close to shopping, dining & entertainment. Bike to the beach. Your tenant mix is good with them making their own community at the property. This is the perfect property to complete your 1031 Exchange. Buyer to cooperate with Seller's IRC Section 1031 Tax Deferred Exchange. Offers will be presented after they are received. Drive by only. Please do not disturb tenants. Make all offers subject to inspection.
Income & Expenses are projected. Buyer to do their own research to confirm actual Income & Expenses.

Location

State HI

County Oahu

Area Metro

Interior

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Covered

Community Features None

Utilities Available Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected

View Y/N Yes

View Garden

Total Parking Spaces 6

Building

Lot Description Interior Lot, Other, Level

Dwelling Type Duplex

Entry Level Two

Sewer Connected

Water Public

Architectural Style Fourplex

Level or Stories Two

Construction Status Average Condition,Good Condition

Schools

Elementary Schools Ala Wai

Middle Schools Washington

High Schools Kaimuki

Others

Tax ID 1-2-7-033-029-0000

Special Listing Condition None


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Hawaii Central MLS (HiCentralMLS)
Lex Ferguson
Lex Ferguson

Real Estate Professional License ID: RS-78101

+1(808) 277-4715 | lex@lifeonoahu.com

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