Bought with Maui Lifestyle Realty LLC
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Key Details
Sold Price $339,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 532 sqft
Price per Sqft $637
Subdivision Waikiki
MLS Listing ID 202127232
Sold Date 01/07/22
Style High Rise
Bedrooms 1
Full Baths 2
Construction Status Good Condition
HOA Fees $779
HOA Y/N No
Year Built 1979
Annual Tax Amount $1,479
Property Description
A rare and exciting opportunity to own a high floor, long-term Leasehold investment or vacation property in world famous Waikiki. Fee is available and can convert it into a Fee Simple unit. The lease does not expire until 2056. This unit legally allows vacation rentals, short-term rentals and long-term rentals!!! Turn-Key and ready to rent. Currently being rented through Air BnB. The unit is separated into 2 units (A-Unit & B-Unit), with two distinct key cards to allow maximum privacy for separate renters. The Hawaiian Monarch offers great many amenities including, a giant pool deck, exercise room, and community laundry. Bicycle rentals, convenient stores and various eateries on ground level. Walking distance to Waikiki Beach, Ritz Carlton, Ala Moana Shopping Center, Convention Center, and famous Waikiki Strip and amazing nightlife. Buyers to do their own due diligence on short-term and long-term rentals and income.
Location
State HI
County Oahu
Community Barbecue, Fitness, Laundry Facilities, Pool, Restaurant
Area Metro
Interior
Interior Features Full Bath on Main Level
Flooring Ceramic Tile
Furnishings Furnished
Fireplace No
Exterior
Garage None
Community Features Barbecue, Fitness, Laundry Facilities, Pool, Restaurant
Amenities Available Management
View Y/N Yes
View City, Golf Course, Mountain(s), Ocean
Parking Type None
Building
Entry Level One
Architectural Style High Rise
Level or Stories One
New Construction No
Construction Status Good Condition
Others
HOA Fee Include Common Areas,Cable TV,Hot Water,Internet,Sewer,Water
Tax ID 1-2-6-014-032-0094
Security Features Elevator Secured,Key Card Entry,Security Guard
Financing Cash
Special Listing Condition None
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